| Cyrenus Osborne Ward - Communism - 1900 - 740 pages
..."Labor alone, therefore, never varying in its own value is alone, the ultimate and real •tandard by which the value of all commodities can at all times and place* be estimated and compared." of humanity and in a ferocious and relentless manner despoiled them... | |
| W. Tcherkesoff - Socialism - 1902 - 124 pages
...if f - <-• 7. "Labor alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared. It is their real price" (p. 40). / 8. "Labor, therefore, it appears evidently, is the... | |
| Georg Wilhelm Friedrich Hegel - Law - 1902 - 562 pages
...value of all commodities. — Labour alone, never varying in its own value, is alone the ultimate and real Standard by which the value of all commodities can at all times and places bo estimated and compared. It istheirroal price; money is their nominal price only." („The Wealth... | |
| Albert Conser Whitaker - Economics - 1904 - 216 pages
...return for it. * * * Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared." 1 In this passage the misuse of the word value is flagrant, but the meaning is plain.... | |
| Percy Kinnaird - Banks and banking - 1904 - 346 pages
.... . " Labor alone," he adds, " therefore, never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared. It is their real price; money is their nominal price only."—"WealtK of'Nations," Vol.... | |
| Paul Elmer More - Criticism - 1910 - 284 pages
...his famous text: "Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared." He himself, to be sure, has adverted in passing to the public admiration which makes... | |
| Hugh Chisholm - Encyclopedias and dictionaries - 1911 - 1118 pages
...the labourer." " Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared. It is their real price; money is their nominal price only. ' Money, however, is in men... | |
| Stephen Leacock - Economics - 1920 - 168 pages
...till to-day. "Labor alone," wrote Smith, "never varying in its own value is above the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared." I But the idea that quantity of labor governs value will not stand examination for a... | |
| Coenraad Alexander Verrijn Stuart - Economics - 1923 - 356 pages
...ausdrückte: „labour alone, therefore, never varying in its own value, is alone the ultimate and real Standard by which the value of all commodities can at all times and places be estimated and compared *)." Gegen diesen Ausspruch können aber sofort zwei, wie es mir scheint entscheidende... | |
| Lionel Danforth Edie - Economics - 1926 - 832 pages
...be of equal value to the laborer. Labor, never varying in its own value, is alone the ultimate and real standard by -which the value of all commodities can at all times and places be estimated and compared. The proportion between the quantities of labor necessary for acquiring different objects... | |
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