 | Adam Smith - 1789 - 526 pagini
...commodity, therefore, to the perfon who poflefles it, and who means not to ufe or confume it himfelf, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to purchafe or command. Labour, therefore, is the real meafure of the excJiaQgeable value of all commodities.... | |
 | Adam Smith - 1809 - 372 pagini
...labour which he can command, or which he can afford to purchase. The value of any commodity, therefore, to the person who possesses it, and who means not...measure of the exchangeable value of all commodities. The real price of every thing, what every thing really costs to the man who wants to acquire it, is... | |
 | Adam Smith - 1812 - 582 pagini
...commodity, therefore, to the perfon who pofleffes it, and who means not to ufe or confume it himfelf, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to purchafe or command. Labour, therefore, is the real meafure of the exchangeable value of all commodities.... | |
 | Adam Smith - 1812 - 520 pagini
...commodity, therefore, to the perfon who pofleffes it, and who means not to ufe or confume it himfelf, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to purchafe or command. Labour, therefore, is the real meafure of the exchangeable value of all commodities.... | |
 | 1826 - 506 pagini
...certainty." Playfair's Remarks on Lauderdale. The words oi Smith are, " The value of any commodity to the person who possesses it, and who means not to use or consume it himsell, but to exchange it for other commodities, is equal to the quantity of labour, which it enables... | |
 | 1826 - 490 pagini
...certainty." Playfair's Remarks on Lauderdale. The words ol Smith are, " The value of any commodity to the person who possesses it, and who means not to use of consume it himself, but to exchange it for other commodities, is equal to the quantity of labour,... | |
 | Thomas Robert Malthus - 1836 - 520 pagini
...frequently, and on which he evidently lays the chief stress. " The value of any commodity," he says, " to the person who possesses it, and who means not...measure of the exchangeable value of all commodities.''* Other expressions in the same chapter apply labour as a measure of value in the same way;j" and on... | |
 | Adam Smith - 1838 - 476 pagini
...afford to purchase. The value of any commodity, therefore, to the person who possesses it, and whu means not to use or consume it himself, but to exchange...measure of the exchangeable value of all commodities. The real price of every thing, what everr thing really costs to the man who wants to acquire it, is... | |
 | Monthly literary register - 1822 - 1050 pagini
...not more fortunate in his next definition, where he says that the value of a commodity to any one " is equal to the quantity of labour which it enables him to purchase or command." Had he said, as Johnson has said, that the value of a commodity is equal to its work, or the quantity... | |
 | Travers Twiss - 1847 - 358 pagini
...purchase. " The value of any Definition commodity, therefore, to the person who possesses it, of value' and who means not to use or consume it himself, but...measure of the exchangeable value of all commodities. " The real price of every thing, what every thing Eeai price, really costs to the man who wants to... | |
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The value of any commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to purchase or command. Labour, therefore,... 
