...' it usually costs twice the labour to kill a beaver which it does to kill a deer, one beaver would naturally exchange for, or be worth two deer. It is...of what is usually the produce of one day's or one hoar's labour. In this state of things, the whole produce of labour belongs to the labourer; and the...

...rule for exchanging them for one another. If among a nation of hunters, for example, it usually costs twice the labour to kill a beaver which it does to...usually the produce of one day's or one hour's labour. If the one species of labour should be more severe than the other, some allowance will naturally be...

...beaver should naturally exchange for or be worth two deer. It is natural that what i« usually tjie produce of two days or two hours labour, should be...usually the produce of one day's or one hour's labour. If the one species of labour should be more severe than the other, some allowance will naturally be...

...is the toil and trouble which it can save to himself, and which it can impose on other people. * * * If, among a nation of hunters, for example, it usually...usually the produce of one day's or one hour's labour." That this is the only real foundation of exchangeable value seems indisputable ; and hence it follows,...

...and trouble which it can save to himself, and which it can impose on other people. * * * If, among * nation of hunters, for example, it usually cost twice...usually the produce of one day's or one hour's labour." That this is the only real foundation of exchangeable value seems indisputable ; and hence it follows,...

...' it usually costs twice the labour to kill a beaver which it docs to kill a deer, one beaver would naturally exchange for, or be worth two deer. It is...the produce of one day's or one hour's labour. In this state of things, the whole produce of labour belongs to the labourer; and the quantity of labour...

...a deer, one beaver should naturally exchange for, or be worth two deer. It is natural that what i« usually the produce of two days or two hours' labour,...of what is usually the produce of one day's or one hour к labour." Smith, however, limits this principle to the first and rudest period of society, and...

...Labour was the first price — the original purchase-money that was paid for all things." Again, " in that early and rude state of society, which precedes...the produce of one day's, or one hour's labour*." '/ That this is really the foundation of the ex/changeable value of all things, excepting those which...

...different objects seems to be the only circumstance which can afford any rule for exchanging them forone another. If among a nation of hunters, for example,...the produce of one day's, or one hour's labour*." That this is really the foundation of the exchangeable value of all things, excepting those i which...

...almost spontaneously from rich alluvial lands. " It is natural/' as Dr Smith has himself observed, " that what is usually the produce of two days' or two...usually the produce of one day's or one hour's labour." " If good land existed in a quantity much таоте Bounty abundant than the production of food for...