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" The real value of all the different component parts of price, it must be observed, is measured by the quantity of labour which they can, each of them, purchase or command. "
History and Criticism of the Labor Theory of Value in English Political Economy - Page 288
by Albert Conser Whitaker - 1904 - 194 pages
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - Economics - 1789 - 526 pages
...the rent of land, and in the price of the greater part of commodities makes a third component part. THE real value of all the different component parts of price, it muft be obierved, is meafured by the quantity of labour which they can, each of them, purchafe or command....
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The Works of Adam Smith, LL.D. and F.R.S. of London and Edinburgh:: The ...

Adam Smith - Economics - 1812 - 520 pages
...the rent of land, and in the price of the greater part of commodities makes a third component part. The real value of all the different component parts of price, it muft be obferved, is meafured by the quantity of labour which they can, each of them, purchafe or command....
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The Works of Adam Smith: The nature and causes of the wealth of nations

Adam Smith - Economics - 1812
...the rent of land, and in the price of the greater' part of commodities makes a third component part. The real value of all the different component parts of price, it muft be obferved, is meafured by the quantity of labour which they can, each of them, purchafe or command....
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - Economics - 1835 - 486 pages
...the rent of land, and in the price of the greater part of commodities makes a third component part*. The real value of all the different component parts...each of them, purchase or command. Labour measures * This doctrine will be examined under the head of Bent. —E. the value not only of that part of price...
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Public Economy for the United States

Calvin Colton - Economics - 1848 - 556 pages
...immediately or mediately, from the wages of labor, the profits of stock, or the rent of land." — " The real value of all the different component parts...it must be observed, is measured by the quantity of labor which they can, each of them, produce or command. Labor measures the value not only of that part...
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British Farmer's Magazine, Issue 23

Agriculture - 1853 - 606 pages
...land and the profits of stock are measured by labour, and the component parts of price are included in the quantity of labour which they can each of them purchase or command. In every society the price of each commodity resolves itself into one or all of the three parts—...
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An analysis of Adam Smiths' Inquiry into the nature and causes of ..., Volume 1

Jeremiah Joyce - 1877 - 260 pages
...of all the different component parts of price is measured by the quantity of labour which they can command. Labour measures the value, not only of that part of price which resolves itself into labour, bu^ of that which resolves itself into rent, and of that which resolves itself into profit. The price...
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - Economics - 1884 - 604 pages
...t>art of commodities, makes a third component part. Tbr real value of all the different component part* of price, it must be observed, is measured by the quantity of labour which they ran, i-uch of tJi em, pu re liase or command. Loliojr measures the value, not only of that jiart of...
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The Wealth of Labor

Frank Loomis Palmer - Labor - 1894 - 252 pages
...of price is measured by the quantity of labor which they can each of them purchase or command. Labor measures the value not only of that part of price which resolves itself into labor, but of that which resolves itself into rent and of that which resolves itself into profit."...
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Pages of Socialist History: Teachings and Acts of Social Democracy

W. Tcherkesoff - Socialism - 1902 - 124 pages
...by which we can compare the values of different commodities at all times and all places" (p: 43). 9. "The real value of all the different component parts...it must be observed, is measured by the quantity of labor which they can, each of them, purchase or command. Labor measures the value not only of that...
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