 | John Cunningham Wood - Biography & Autobiography - 1993 - 664 pages
...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...should naturally exchange for or be worth two deer. (p. 47) What is the significance of Smith's deer and beaver model for a theory of value? Robinson labels... | |
 | Werner Stark - Business & Economics - 342 pages
...same portion of his ease, his liberty, and his happiness" (35 [50, emphasis added]). Hence, it is but "natural that what is usually the produce of two days or two hours of labour, should be worth double of what is usually the produce of one day's or one hour's labour"... | |
 | John Cunningham Wood - Biography & Autobiography - 1995 - 392 pages
...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...should naturally exchange for or be worth two deer. (p. 47) What is the significance of Smith's deer and beaver model for a theory of value? Robinson labels... | |
 | James Maitland Earl of Lauderdale - Business & Economics - 1996 - 184 pages
...rule for exchanging them for one another. lf among a nation of hunters, for example, it usually costs twice the labour to kill a beaver which it does to...should naturally exchange for or be worth two deer. lt is natural that what is usually the produce of two days or two hours labour should be worth double... | |
 | Werner Stark - Business & Economics - 1998 - 96 pages
...always lay down the same portion of his ease, his liberty, and his happiness" (ibid.). Hence it is but "natural that what is usually the produce of two days or two hours of labour, should be worth double of what is usually the produce of one day's or one hour's labour"... | |
 | Donald Rutherford - Business & Economics - 1999 - 526 pages
...for exchanging them for one another. 'If, among a nation of hunters,' he observes, '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 natural, that what is usually the produce... | |
 | Carlos Leon Perez, Grégoire Leclerc - Business & Economics - 2000 - 800 pages
...important focus of economics: "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 should exchange for or be worth two deer" (Smith, 1776). Classical economists came to focus on "embodied labor,"... | |
 | David L. Sills, Robert King Merton - Social Science - 2000 - 466 pages
...the writer. Gibbon: ÍO idea of writing first started to my mind. Gibbon: 9 deer. it usually costs twice the labour to kill a beaver which it does to kill a d.. Smith, Adam: 12 define: if men d. situations as real, they are real in their consequences, Thomas... | |
 | Anthony J. Santelli - Business & Economics - 2002 - 164 pages
...two deer. Smith explains the principle: If among a nation of hunters, for example, it usually costs twice the labour to kill a beaver which it does to...is natural that what is usually the produce of two day's or two hour's labour, should be worth double of what is usually the produce of one day's or one... | |
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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... 
