 | David Ricardo - Economics - 1821 - 560 pages
...cultivation, the exchangeable value of raw produce will rise, because more labour is required to produce it. The exchangeable value of all commodities, whether...suffice for their production under circumstances highly favorable, and exclusively enjoyed by those who have peculiar facilities of production ; but by the... | |
 | Adam Smith - Economics - 1835 - 494 pages
...the exchange' able value of raw produce will rise, because more ' labour is required to produce it. ' The exchangeable value of all commodities, ' whether...of ' the mines, or the produce of land, is always regu' lated, not by the less quantity of labour that will ' suffice for their production under circumstances... | |
 | John Ramsay McCulloch - Economics - 1849 - 686 pages
...the most unfavourable circumstances. " The exchangeable value of all commodities," says Mr Ricardo, " whether they be manufactured, or the produce of the...not by the less quantity of labour that will suffice 1 P. 194. for their production under circumstances highly favourable, and exclusively enjoyed by those... | |
 | John R. McCulloch - Economics - 1849 - 682 pages
...the most unfavourable circumstances. " The exchangeable value of all commodities," says Mr Ricardo, " whether they be manufactured, or the produce of the...not by the less quantity of labour that will suffice 1 P. 194. for their production under circumstances highly favourable, and exclusively enjoyed by those... | |
 | Henry Dunning Macleod - Economics - 1858 - 636 pages
...may be profitably employed in producing it." So, also, how utterly fallacious is the following! — "The exchangeable value of all commodities, whether...land, is always regulated, not by the less quantity of labor that will suffice for their production under circumstances highly favorable, and exclusively... | |
 | Henry Dunning Macleod - Economics - 1858 - 626 pages
...may be profitably employed in producing it." So, also, how utterly fallacious is the following! — "The exchangeable value of all commodities, whether...manufactured, or the produce of the mines, or the produce of laud, is always regulated, not by the less quantity of labor that will suffice for their production... | |
 | Institute of Bankers (Great Britain) - Banks and banking - 1881 - 742 pages
...same value (presumably in the same time). The exchangeable value of all commodities, whether they bo manufactured, or the produce of the mines, or the produce of land, is always regulated, not by the lesa quantity of labour that wfll suffice for their production under circumstances highly favourable... | |
 | Robert Scott Moffat - Economics - 1885 - 310 pages
...compensate for any advantage which one may have, or appear to have, over the other." Chapter II.—" The exchangeable value of all commodities, whether they be manufactured, or the product of the mines, or the produce of land, is always regulated not by the less quantity of labour... | |
 | Hugo Bilgram - Economics - 1889 - 130 pages
...refer to the law of supply and demand, the effect of which is thus definitely expressed by Eicardo : " The exchangeable value of all commodities, whether they be manufactured, or the produce of the mine, or the produce of land, is always regulated not by the less quantity of labor that will suffice... | |
 | Coenraad Alexander Verrijn Stuart - Value - 1890 - 132 pages
...from the rise or fall of wages and profits » (p. 27). «The exchangeable value of all comodities. is always regulated, not by the less quantity of labour...their production under circumstances highly favourable , but by the greater quantity of labour necessarily bestowed on their production by those who continue... | |
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The exchangeable value of all commodities, whether they be manufactured, or the produce of the mines, or the produce of land, is always regulated, not by the less quantity of labour that will suffice for their production under circumstances highly favorable,... 
