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" Equal quantities of labour, at all times and places, may be said to be of equal value to the labourer. In his ordinary state of health, strength, and spirits ; in the ordinary degree of his skill and dexterity, he must always lay down the same portion... "
PRINCIPLES OF THE ECONOMIC PHILOSOPHY OF SOCIETY, GOVERNMENT AND INDUSTRY - Page 79
by VAN BUREN DENSLOW - 1888
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - Economics - 1909 - 676 pages
...labour, at all times and places, may be said to be of equal value to the labourer. In his ordinary state of health, strength and spirits; in the ordinary degree...of his skill and dexterity, he must always lay down le same portion of his ease, his liberty, and his happiness. The price which he pays must always be...
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History of Economic Thought..

Lewis Henry Haney - Economics - 1911 - 598 pages
...this time as a measure. Under ordinary 1 Introduction (Cannan's ed., p. 1). conditions the laborer " must always lay down the same portion of his ease, his liberty, and his happiness." He may receive more or less goods, but the price he pays in labor is the same : their value varies,...
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New Era Economics: Presenting a Rational Theory of Value

John Frederick Brown - Economics - 1918 - 200 pages
...all times and at all places, may be said to be of equal value to the laborer. In his ordinary state of health, strength and spirits; in the ordinary degree...portion of his ease, his liberty and his happiness." (p. 28.) This laying down by the laborer of his ease, his liberty and his happiness, has by later economists...
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Die Grundlagen der Volkswirtschaft

Coenraad Alexander Verrijn Stuart - Economics - 1923 - 356 pages
...seinen Geldlohn verschaffen kann, betrifft. Aber, sagt er, der Arbeiter muß ,,in his ordinary state of health, strength, and spirits, in the ordinary degree of his skill and dexterity always lay down the same portion of his ease, his liberty, and his happiness". Ich bemerke, daß hier...
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Die politische ökonomie des Rentners: (die Wert- und Profittheorie der ...

Nikolaĭ Bukharin - Austrian school of economics - 1926 - 222 pages
...labour, at all times and places, may be said to be of equal value to the labourer. In his ordinary state of health, strength, and spirits; in the ordinary...skill and dexterity, he must always lay down the same por tion of his ease, his liberty and his happines s" (von NB gesperrt). Es ließen sich noch eine...
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Equitable Society and how to Create it

Warren Edwin Brokaw - Economics - 1927 - 396 pages
...distribution still are to be devised." Here is what Adam Smith said of "the laborer": "In his ordinary state of health, strength and spirits, in the ordinary degree...price which he pays must always be the same, whatever may be the quantity of goods which he receives in return for it. ... Labor alone, therefore, never...
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The Economic Theory of the Leisure Class

Nikolaĭ Bukharin - Austrian school of economics - 1927 - 232 pages
...labour, at all times, and places, may be said to be of equal value to the labourer. In his ordinary state of health, strength and spirits; in the ordinary degree...portion of his ease, his liberty and his happiness (italics mine. — NB). A number of similar quotations might also be included here. For this reason...
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A Review Of Economic Theory

Edwin Cannan - Business & Economics - 1964 - 480 pages
...labour, at all times and places, may be said to be of equal value to the labourer. In his ordinary state of health, strength and spirits ; in the ordinary...price which he pays must always be the same, whatever may be the quantity of goods which he receives in return for it. Of these, indeed, it may sometimes...
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Theories of Value and Distribution Since Adam Smith: Ideology and Economic ...

Maurice Dobb - Business & Economics - 1975 - 308 pages
...labour, at all times and places, may be said to be of equal value to the labourer. In his ordinary state of health, strength and spirits; in the ordinary degree...must always lay down the same portion of his ease, liberty and his happiness . . . Labour alone, therefore, never varying in its own value, is alone the...
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Classical Economics Reconsidered

Thomas Sowell - Business & Economics - 1994 - 174 pages
...labour, at all times and places, may be said to be of equal value to the labourer. In his ordinary state of health, strength and spirits; in the ordinary degree...price which he pays must always be the same, whatever may be the quantity of goods which he receives in return for it. Of these, indeed, it may sometimes...
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