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 favourable,... The Elements of Political Economy - Page 118by Henry Dunning Macleod - 1858 - 573 pagesFull view - About this book
| Tobias Smollett - Books - 1817 - 680 pages
...sentiments regarding it in the review of the work to which we have already referred. The author says — " The exchangeable value of all commodities, whether...land, is always regulated, not by the less quantity of labour that will suffice for their production under circumstances highly favourable, and exclusively... | |
| 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...land, is always regulated, not by the less quantity of labour that will suffice for their production under circumstances highly favorable, and exclusively... | |
| John Ramsay McCulloch - Economics - 1825 - 446 pages
...circumstances. " The exchangeable value of all commodities," says Mr Ricardo, " whether they be manufactui'ed, 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 favourable, and exclusively... | |
| 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... | |
| Henry Charles Carey - Business & Economics - 1837 - 380 pages
...yielding a constantly increasing quantity of commodities in return for permitting them to be used. "The exchangeable value of all commodities, whether...land, is always regulated, not by the less quantity of labour that will suffice for their production under circumstances highly favourable, and exclusively... | |
| 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...land, is always regulated, not by the less quantity of labour that will suffice 1 P. 194. for their production under circumstances highly favourable, and... | |
| 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...land, is always regulated, not by the less quantity of labour that will suffice 1 P. 194. for their production under circumstances highly favourable, and... | |
| Alexander Somerville - Free trade - 1853 - 676 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...land, is always regulated, not by the less quantity of labour that will suffice for their production under circumstances highly favourable, and exclusively... | |
| John Ramsay M'Culloch - Interest - 1870 - 376 pages
...most unfavourable circumstances. ' The exchangeable value of all commodities,' says Mr. Ricardo, ' whether they be manufactured, or the produce of the...land, is always regulated, not by the less quantity of labour that will suffice for their production under circumstances highly favourable, and exclusively... | |
| 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... | |
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