A Critical Dissertation on the Nature, Measures' and Causes of Value |
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Page 11
... quan- tity of corn would exchange for an increased quantity of any other commodity ; and conse- quently , by Mr. Ricardo's own definition , would have risen in value . It may possibly be alleged , that it is not the corn , but other ...
... quan- tity of corn would exchange for an increased quantity of any other commodity ; and conse- quently , by Mr. Ricardo's own definition , would have risen in value . It may possibly be alleged , that it is not the corn , but other ...
Page 18
... quan- tity requisite for that of only one . The value of both , or their relation to each other , must necessarily vary with every change in the quan- tity of producing labour required for either . To assert indeed , that the value of ...
... quan- tity requisite for that of only one . The value of both , or their relation to each other , must necessarily vary with every change in the quan- tity of producing labour required for either . To assert indeed , that the value of ...
Page 26
... quan- tity of some other object for which it will ex- change . When a hat is said to be twenty shillings in value , it is obvious that the value of the hat is expressed by the quantity of silver : when a yard of cloth is said to be ...
... quan- tity of some other object for which it will ex- change . When a hat is said to be twenty shillings in value , it is obvious that the value of the hat is expressed by the quantity of silver : when a yard of cloth is said to be ...
Page 27
... quan- tity of B. Simple as these conclusions appear to oe , and directly flowing from the definition of value universally adopted , Mr. Ricardo has drawn contrary inferences . Although he agrees with Dr. Smith , in defining value to ...
... quan- tity of B. Simple as these conclusions appear to oe , and directly flowing from the definition of value universally adopted , Mr. Ricardo has drawn contrary inferences . Although he agrees with Dr. Smith , in defining value to ...
Page 30
... the production of an object is always the same , the value according to them is always the same , however other objects may have varied ; so that , in fact , the circum- stance of its being produced by a certain quan- tity 30 ON THE NATURE.
... the production of an object is always the same , the value according to them is always the same , however other objects may have varied ; so that , in fact , the circum- stance of its being produced by a certain quan- tity 30 ON THE NATURE.
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Common terms and phrases
absurd Adam Smith aggregate value alteration ascer ascertain asserts bour capitalist cardo cause of value causes affecting chapter circumstances commodity produced compared cost of production definite portion determined different periods dities doctrine doubled Econ economists employed in producing equal in value error estimated exchangeable value fallen former ideas implies increase invariable value ject labour employed labour necessary labour required language latter length London Magazine Malthus mand means measure of value medium of comparison modities monopoly mutual value object obtain Political Economy possessed power of commanding power of purchasing Principles of Pol producing labour profits proportion proposition quan quantities of corn quantity of labour quarters of corn ratio real value rela relation of value Ricardo SAMUEL BAILEY sense silver speak suppose tain term thing tion value in relation value of commodities value of labour variation varied wages Wealth of Nations words writer yard of cloth