...determines the respective quantities of goods which shall be given in exchange for each other, we must not be supposed to deny the accidental and temporary deviations...commodities from this, their primary and natural price. In the ordinary course of events, there is no commodity which continues for any length of time to be...

...each other, we must not be supposed to deny the accidental and temporary deviations of the NOTE A. actual or market price of commodities from this their primary and natural price." And, in the following passage (p. 83), he explains the mode in which these deviations are corrected...

...of market value was first introduced, and much more so in Ricardo, the great, malleus Jiereticorum, that they speak of "the actual value," 27 ie the present...was it ever introduced? Exactly because price in a Tnarket is not always the same thing as market price, was this latter phrase ever introduced, and guarded...

...determines the respective quantities of goods which shall be given in exchange for each other, we must not be supposed to deny the accidental and temporary deviations...actual or market price of commodities from this, their prinjary and natural price. In the ordinary course of events, there is no commodity which continues...

...with Ricardo — completing the sentence a part of which only was previously quoted — " we must not be supposed to deny the accidental and temporary deviations...commodities from this their primary and natural price.") Even if it should be denied that the cost of labor to obtain in production the share it receives of...

...determines the respective quantities of goods which shall be given in exchange for each other, we must not be supposed to deny the accidental and temporary deviations...commodities from this, their primary and natural price. In the ordinary course of events, there is no commodity which continues for any length of time to be...

...determines the respective quantities of goods which shall be given in exchange for each other, we must not be supposed to deny the accidental and temporary deviations...commodities from this, their primary and natural price." l This sentence seems to state that the labor cost of a commodity is its " natural price." If so, the...

...as important for price determination. Ricardo wrote: given in exchange for each other, we must not be supposed to deny the accidental and temporary deviations...commodities from this, their primary and natural price (7, p. 111). But despite the role of market price fluctuations in initiating the adjustment process,...

...nines the respective quantities of goods which shall be given in exchange for each other, we must not be supposed to deny the accidental and temporary deviations...commodities from this, their primary and natural price . . . In speaking then of the exchangeable value of commodities, or the power of purchasing possessed...

...Economy and Taxation a chapter on "Natural and Market Price" (Ricardo [1817] 1911, 48). He acknowledged "the accidental and temporary deviations of the actual or market price of commodities from . . . their primary and natural price" (48). He saw that "in the ordinary course of events, there is...