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" If among a nation of hunters, for example, it usually costs twice the labour to kill a beaver which it does to kill a deer, one beaver should naturally exchange for or be worth two deer. It is natural that what is usually the produce of two days... "
Capital and Interest: A Critical History of Economical Theory - Page 381
by Eugen von Böhm-Bawerk - 1890 - 431 pages
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What is Socialism

Reginald Wright Kauffman - Socialism - 1910 - 282 pages
...labor. And Adam Smith continues: " If among a nation of hunters ... it usually cost twice the labor to kill a beaver which it does to kill a deer, one beaver would naturally be worth or exchange for two deer. It is natural that what is usually the produce of...
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Elements of Socialism: A Text-book

John Spargo, George Byron Louis Arner - Socialism - 1912 - 408 pages
...to kill a beaver which it does to kill a deer, one beaver would naturally be worth or exchange for two deer. It is natural that what is usually the produce of two days' or two hours' labor, should be worth double of what is usually the produce of one day's or one hour's labor."2 Ricardo's...
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Elements of Socialism

John Spargo - Socialism - 1912 - 408 pages
...paid for all things. ... If among a nation of hunters, for example, it usually costs twice the labor to kill a beaver which it does to kill a deer, one beaver would naturally be worth or exchange for two deer. It is natural that what is usually the produce of...
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Socialism and the Ethics of Jesus

Henry Clay Vedder - Christian sociology - 1912 - 560 pages
...proposition thus: "If among a nation of hunters, for example, it usually costs twice as much labor to kill a beaver which it does to kill a deer, one beaver would naturally be worth or exchange for two deer." On the contrary, as any hunter could have told...
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Questions of Moral Theology

Thomas Slater - Christian ethics - 1915 - 440 pages
...exchanging them for one another. If among a nation of hunters, for example, it usually costs twice the labor to kill a beaver which it does to kill a deer, one...is usually the produce of two days', or two hours' labor, should be worth double of what is usually the produce of one day's or one hour's labor. Ricardo...
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State Regulation of Prices in Australia: A Treatise on Price Fixing and ...

Harold Launcelot Wilkinson - Cost and standard of living - 1917 - 292 pages
...in the form of capital and machinery, be included in the general term "labour." Adam Smith said that "It is natural that what is usually the produce of two days' labour or two hours' labour should be worth double what is usually the produce of one day's or one...
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New Era Economics: Presenting a Rational Theory of Value

John Frederick Brown - Economics - 1918 - 200 pages
...a nation of hunters, for example, it usually costs twice the labor to kill a beaver which it costs to kill a deer, one beaver should naturally exchange...is usually the produce of two days' or two hours' labor, should be worth double of what is the product of one day's or one hour's labor." (p. 41.) "In...
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Social Democracy Explained: Theories and Tactics of Modern Socialism

John Spargo - Socialism - 1918 - 364 pages
...Ricardo, and by John Stuart Mill, among many others. Thus the great author of The Wealth of Nations says, "It is natural that what is usually the produce of two days' or two hours' labor should be worth double of what is usually the produce of one day's or one hour's labor." 1 Similar...
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Principles of Political Economy and Taxation

David Ricardo - Economics - 1919 - 526 pages
...nation of hunters, for example, it usually cost twice the labour to kill a beaver which it • Iocs to kill a deer, one beaver should naturally exchange...be worth double of what is usually the produce of owe day's, or one hour's labour." 2 That Ijhig is really the foundation of the exchangeable , ' ["...
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Equitable Society and how to Create it

Warren Edwin Brokaw - Economics - 1927 - 396 pages
...example, it usually cost twice the labor to kill a beaver which it does to kill a deer, one beaver would naturally exchange for, or be worth two deer. It is...is usually the produce of two days' or two hours' labor, should be worth double of what is usually the produce of one day's or one hour's labor. "In...
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