 | Michael Evan Gold - Equal pay for equal work - 1983 - 124 pages
...ofthat object conveys. The one may be called "value in use;" the other, "value in exchange." The things which have the greatest value in use have frequently...those which have the greatest value in exchange have frequently little or no value in use. Nothing is more useßil than water: but it will purchase scarce... | |
 | Makoto Itoh, Makoto Itō - Business & Economics - 1988 - 468 pages
...value, the magnitude of value in exchange is not determined by the degree of usefulness. Some things which have the greatest value in use have frequently little or no value in exchanges as we see in the case of water or air. What then does determine the magnitude of values in... | |
 | John Eatwell, Murray Milgate, Peter Newman - Business & Economics - 1990 - 340 pages
...that object conveys. The one may be called 'value in use'; the other, 'value in exchange'. The things which have the greatest value in use have frequently...those which have the greatest value in exchange have frequently little or no value in use. Nothing is more useful than water; but it will purchase scarce... | |
 | David Favrholdt - Philosophy - 1991 - 116 pages
...Hutcheson, following an old tradition, called "scarcity". Smith gives a famous example: "The things which have the greatest value in use have frequently...those which have the greatest value in exchange have frequently little or no value in use. Nothing is more useful than water; but it will purchase scarce... | |
 | John Guillory - Language Arts & Disciplines - 1993 - 422 pages
...that object conveys. The one may be called "value in use"; the other, "value in exchange." The things which have the greatest value in use have frequently...those which have the greatest value in exchange have frequently little or no value in use. Nothing is more useful than water: but it will purchase scarce... | |
 | R. H. Coase - Biography & Autobiography - 1994 - 234 pages
...in which Smith discusses the distinction between "value in use" and "value in exchange": The things which have the greatest value in use have frequently...those which have the greatest value in exchange have frequently little or no value in use. Nothing is more useful than water: but it will purchase scarce... | |
 | Jeffrey R. Young - Business & Economics - 1997 - 122 pages
...object conveys. The one may be called "value in use;" and the other, "value in exchange." The things which have the greatest value in use have frequently...those which have the greatest value in exchange have frequently little or no value in use. Nothing is more useful than water; but it will purchase scarce... | |
 | Margaret Russett - Literary Criticism - 1997 - 318 pages
...goods." "The things which have the greatest value in use," Smith observes in The Wealth of Nations, have frequently little or no value in exchange; and,...those which have the greatest value in exchange have frequently little or no value In use. Noth1ng 1s more useful than water: but it w1ll purchase scarce... | |
 | Laurier Turgeon, Jocelyn Létourneau, Khadiyatoulah Fall - Cultural geography - 1997 - 346 pages
...«paradoxe de la valeur22» : « The things which have the greatest value in use have frequently Unie or no value in exchange; and, on the contrary, those which have the greatest value in exchange have frequently Unie or no value in use,23» La distinction entre la valeur d'usage et la valeur d'échange... | |
| |
The things which have the greatest value in use have frequently little or no value in exchange; and, on the contrary, those which have the greatest value in exchange have frequently little or no value in use. 
