A Critical Dissertation on the Nature, Measures' and Causes of Value |
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Page 5
... commodities . In the circumstance , that it denotes a rela- tion between two objects , and cannot be predi- cated of any commodity without an express or implied reference to some other commodity , value bears a resemblance to distance ...
... commodities . In the circumstance , that it denotes a rela- tion between two objects , and cannot be predi- cated of any commodity without an express or implied reference to some other commodity , value bears a resemblance to distance ...
Page 8
... commodity , or to commodities in general . It is from this circumstance of constant re- ference to other commodities , or to money , when we are speaking of the relation between any two commodities , that the notion of value , as ...
... commodity , or to commodities in general . It is from this circumstance of constant re- ference to other commodities , or to money , when we are speaking of the relation between any two commodities , that the notion of value , as ...
Page 10
... value ? What is the correlative ? Would it bear the same value to all other com- modities ? It might do so , it is ... commodities were increased ' or diminished , the relations of value between this one commodity , and all others ...
... value ? What is the correlative ? Would it bear the same value to all other com- modities ? It might do so , it is ... commodities were increased ' or diminished , the relations of value between this one commodity , and all others ...
Page 11
... value of corn could in no sense . be said to remain the same . In proof of this , take Mr. Ricardo's own definition of value , " the power of purchasing other goods , which the possession of an object conveys . " To say that a commodity ...
... value of corn could in no sense . be said to remain the same . In proof of this , take Mr. Ricardo's own definition of value , " the power of purchasing other goods , which the possession of an object conveys . " To say that a commodity ...
Page 13
... value relatively to the mass of commodities , which may be represented under the letters B C D , it would be said , by most economists , that B C D had not fallen , but remained stationary ; although they would evidently have fallen ...
... value relatively to the mass of commodities , which may be represented under the letters B C D , it would be said , by most economists , that B C D had not fallen , but remained stationary ; although they would evidently have fallen ...
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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