A Critical Dissertation on the Nature, Measures' and Causes of Value |
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Page 3
... relative esteem ; or , more correctly , of the relation in which A and B stand to each other in our estimation . This relation can be The value of a is denoted only by quantity . expressed by the quantity of в for which it will exchange ...
... relative esteem ; or , more correctly , of the relation in which A and B stand to each other in our estimation . This relation can be The value of a is denoted only by quantity . expressed by the quantity of в for which it will exchange ...
Page 6
... to this representation of the relative nature of value , that when we say the value of a is equal to the value of B , the expression implies a quality intrinsic and abso- lute in each ; for otherwise , how could we 6 ON THE NATURE.
... to this representation of the relative nature of value , that when we say the value of a is equal to the value of B , the expression implies a quality intrinsic and abso- lute in each ; for otherwise , how could we 6 ON THE NATURE.
Page 9
... relative nature of value has not , it ap- pears to me , been distinctly seen or uniformly kept in view by our best writers on the subject . Mr. Ricardo , for instance , who agrees with Dr. Smith in his definition of value , asserts ...
... relative nature of value has not , it ap- pears to me , been distinctly seen or uniformly kept in view by our best writers on the subject . Mr. Ricardo , for instance , who agrees with Dr. Smith in his definition of value , asserts ...
Page 23
... relative value , that is , its value in relation to any par- ticular commodity , or to commodities in ge- neral * . " We have here invariable , absolute , natural , nominal , and relative value ; but , throughout the whole of the ...
... relative value , that is , its value in relation to any par- ticular commodity , or to commodities in ge- neral * . " We have here invariable , absolute , natural , nominal , and relative value ; but , throughout the whole of the ...
Page 28
... relative quantity of labour which is necessary for its pro- duction , and not on the greater or less compensation which is paid for that labour . " See title of Section i , Chap . 1 . * Page 333 , third edition . can seldom be read ...
... relative quantity of labour which is necessary for its pro- duction , and not on the greater or less compensation which is paid for that labour . " See title of Section i , Chap . 1 . * Page 333 , third edition . can seldom be read ...
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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