 | Adam Smith - Business & Economics - 2007 - 513 pages
...labour. Labour alone, therefore, never varying in its own value, is alone the ultimate and real ftandard by which the value of all commodities can at all times and places be eftimated and cofnpared. It is their real price ; money is their c HyA p* nominal price only. BUT though... | |
 | Michael Lewis - Economic policy - 2007 - 1476 pages
...very little labor. 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; money is their nominal price only. But though equal quantities... | |
 | Stephen McCarthy, David Kehl - Economics - 2008 - 294 pages
...receives in return for them 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 be compared. It is their real price; money is their nominal price only. (bk. 1 , ch. V, para. 9) Real... | |
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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. 
