 | Cyrenus Osborne Ward - Communism - 1900 - 744 pages
...p. 15: "Labor alone, thcrffme. never varying in its own value is alone, the ultimate and real lard by which the value of all commodities can at all times and places be estimated and compared." 134 RAGE AND of humanity and in a ferocious and relentless manner despoiled them of their well-earned... | |
 | Coenraad Alexander Verrijn Stuart - Value - 1890 - 132 pages
...goederen 2). D wo N. i. 54. 2) W. o. NI 58: «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. U is their real price; money is their nominal price only». Dat niet slechts de «nominal» maar ook... | |
 | John Borden - Money - 1890 - 158 pages
...of everything is the toil and trouble of acquiring it; also, 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 be estimated and computed; also, equal quantities of labor are always of equal value to the laborer."... | |
 | Walter Bagehot - English literature - 1891 - 728 pages
...be had easily, or with very little labor. Labor alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the...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... | |
 | Washington Gladden - Christian sociology - 1893 - 330 pages
...1 and again, more expressly, " Labor alone, therefore, never varying in its own value, is alone the real standard by which the value of all commodities can at all times and places be estimated and composed."2 Ricardo's theory of value rests also on this foundation. " All things become more or less... | |
 | Russell Montague Garnier - Agriculture - 1893 - 594 pages
...purchase price for all things, which never varies in value like the precious metals, and is therefore the ultimate and real standard by which the value of all commodities, at all times and in all places, can be estimated and compared. It was labour which in primitive times... | |
 | Adam Smith - Economics - 1894 - 526 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... | |
 | Frank Loomis Palmer - Labor - 1894 - 252 pages
...that of the labor which purchases them. Labor 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." The premises now have been completely changed. Formerly the standard of value was the necessaries and... | |
 | Thomas Mackay - Depressions - 1894 - 324 pages
...therefore, never varying in its own value, is alone the ultimate and real standard by which the value of att commodities can at all times and places be estimated...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... | |
 | David Ricardo - Economics - 1895 - 166 pages
...labour which purchases them ; " and therefore, " that labour alone 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 ; " — but it is correct to say, as Adam Smith had previously said, " that the proportion between... | |
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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. 
