 | David Ricardo - Economics - 1919 - 530 pages
...compensation which is paid for that labour. §1TT has been observed by Adam Smith, that " the word Value has two different meanings, and sometimes expresses...possession of that object conveys. The one may be called vahie in use ; the other value in exchange. The things," he continues, " which have the greatest value... | |
 | David Ricardo - Economics - 1919 - 526 pages
...coiUj'eHisatiiff'ichich is paid for that labour. §1TT has been observed by Adam Smith, that " the word Value has two different meanings, and sometimes expresses...possession of that object conveys. The one may be ealled value in use ; the other value in exchange. The things," he continues, " which have the greatest... | |
 | Paul Ghio - Economics - 1923 - 212 pages
...précise, sans ambiguïté possible, la pensée de l'auteur. The word value — dit Adam Smith — it is to be observed has two different meanings, and...sometimes expresses the utility of some particular objet, and sometimes the power of purchasing other goods which the possession of that objet conveys.... | |
 | Ralph Barton Perry - Philosophy, Modern - 1926 - 766 pages
...and qualifying a more general conception. In his Wealth of Nations, Adam Smith wrote: "The word value has two different meanings, and sometimes expresses...'value in use'; the other 'value in exchange.' " * "The word value," says Mill, "when used without adjunct, always means, in political economy, value in exchange."... | |
 | Ralph Barton Perry - Philosophy, Modern - 1926 - 728 pages
...and qualifying a more general conception. In his Wealth of Nations, Adam Smith wrote: "The word value has two different meanings, and sometimes expresses...called 'value in use'; the other 'value in exchange.' " 8 "The word value," says Mill, "when used without adjunct, always means, in political economy, value... | |
 | Lionel Danforth Edie, Benjamin Palmer Whitaker - Economics - 1927 - 184 pages
...to the change in nominal price." (HADLEY, Economics, p. 92.) 3. Adam Smith wrote: "The word value, it is to be observed, has two different meanings,...particular object, and sometimes the power of purchasing goods which the possession of the object conveys. The one may be called 'value in use'; the other 'value... | |
 | John Bowditch, Clement Ramsland - Communism - 1961 - 210 pages
...compensation which is paid for that labour. It has been observed by Adam Smith, that "the word Value has two different meanings, and sometimes expresses...in use; the other value in exchange. The things," he continues, "which have the greatest value in use, have frequently little or no value in exchange;... | |
 | National Tax Association - Finance, Public - 1928 - 524 pages
...distinction between the different senses in which it is commonly used. "The word 'value,' says Adam Smith, 'has two different meanings and sometimes expresses...called value in use ; the other, value in exchange.' In the place of 'value in use' we now speak of 'utility'; while instead of ' value in exchange,' we... | |
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the word Value has two different meanings, and sometimes expresses the utility of some particular object, and sometimes the power of purchasing other goods which the possession of that object conveys. The one may be called value in use; the other value... 
