| Adam Smith - 1875 - 808 pages
...had easily, or with very little labour. Labour alone therefore, never varying in its own value, is alone the ultimate and real standard by which the...their real price ; money is their nominal price only. But though equal quantities of labour are always of equal value to the labourer, yet to the person... | |
| Henry Dunning Macleod - Economics - 1875 - 574 pages
...he may receive in return for it. ... " Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the...at all times and places be estimated and compared. . . . - " Labour, therefore, it appears evidently is the only universal, as well as the only accurate... | |
| Julius Pierstorff - Corporate profits - 1875 - 246 pages
...Smith's Wealth of Nation vorgeschwebt haben: „that 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 estimated and compared." Er begeht jedoch den Fehler, bereits vergegenständlichte, am Stoff fixirte... | |
| Julius Pierstorff - Economics - 1875 - 250 pages
...Smith's Wealth of Nation vorgeschwebt haben: „that labour alone ncver 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 estimated and compared." Er begeht jedoch den Fehler, bereits vergegenständlichte, am Stoff fixirte... | |
| Alexander Mackenzie - 1883 - 640 pages
...commodities." " Labour alone, therefore, never varying in its own value, is alone the ultimate aml real standard by which the value of all commodities...their real price; money is their nominal price only." " Labour, therefore, it appears, evidently is the only universal, as well as the only accurate, measure... | |
| John Emelius Lancelot Shadwell - Economics - 1877 - 662 pages
...to be had easily, or with very little labour. Labour, therefore, never varying in its own value, is alone the ultimate and real standard by which the...at all times and places be estimated and compared." The obvious meaning of this passage is that a day's labour is esteemed an equal hardship by him who... | |
| Jeremiah Joyce - 1877 - 260 pages
...two different countries, money itself is only a commodity. therefore, never varying in its value, is alone the ultimate and real standard by which the...commodities can, at all times and places, be estimated. It is their real price ; money is their nominal price only,1 p. 34. To the employer labour seems to... | |
| Walter Bagehot - Economics - 1880 - 236 pages
...had easily, or with very little labour. Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the...their real price; money is their nominal price only." But in the present day it is not true at all that things are dear simply in proportion to the mere... | |
| Adam Smith - Economics - 1880 - 486 pages
...had easily, or with very little labour. Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the...commodities can at all times and places be estimated and compared.1 It is their real price ; money is their nominal price only. But though equal quantities... | |
| James Goulton Constable - 1880 - 178 pages
...money 'paid for all things." — Adam Smith. (10). " Labour never varying in its value, is alone the real ' standard by which the value of all commodities can at all times and 'places be estimated, it is their real price, money is their nominal 'price." — A i In m Smith. (11). "Labour is of two... | |
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