| Adam Smith - 1809 - 372 ページ
...exchangeable value of goods. The word VALUE, it is to be observed, has two different meanings, and sometimes expresses the utility of some particular...exchange.' The things which have the greatest value in use have frequently little or no value in exchange ; and on the contrary, those which have the greatest... | |
| Adam Smith - 1811 - 452 ページ
...exchangeable value of goods. The word VALUE, it is to be observed, has two different meanings, and sometimes expresses the utility of some particular...possession of that object conveys. The one may be called 1 value in use ;' the other, ' value in exchange.' The things which have the greatest value in use... | |
| Tobias Smollett - 1817 - 680 ページ
...exchange. " It has been observed by Adam Smith, that ' the word Value has two different meanings, and sometimes expresses the utility of some particular...goods which the possession of that object conveys. The oae may be called value in use ; the other* mote in exchange. Tbt • Sec a Review of this work ia... | |
| 1819 - 552 ページ
...although according to Adam Smith, ' the word value has two different meanings, sometimes expressing the utility of some particular object, and sometimes...goods, which the possession of that object conveys,' later writers on political economy have gone further, and traced all yalue to utility, using, however,... | |
| David Ricardo - 1821 - 560 ページ
...that labour. IT has been observed by Adam Smith, that " the word Value has two different meanings, and sometimes expresses the utility of some particular...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... | |
| David Ricardo - 1821 - 566 ページ
...for a week's labour. Fallen, must the same Adam Smith say, " because the value of a thing depends on the power of purchasing other goods which the possession of that object conveys," and labour has a less power of purchasing such other goods. /•. '•' ' ! SECTION II. Labour of different... | |
| Thomas Robert Malthus - 1827 - 322 ページ
...commanding half of a." " The definition of Adam Smith, therefore, that the value of an object expresses the power of purchasing other goods which the possession of that object conveys, is substantially correct ; and as it is plain and intelligible, it may be taken as the basis of our... | |
| Samuel Read - 1829 - 444 ページ
...Dr Smith : — " The word valve," says he, " it is to be observed, has two different meanings, and sometimes expresses the utility of some particular...exchange.' The things which have the greatest value in use have frequently little or no value in exchange ; and, on the contrary, those which have the greatest... | |
| Joshua Montefiore - 1830 - 528 ページ
...expresses the utility of an object, and sometimes the power of purchasing other goods with it. The first may be called value in use, the other value in exchange. The value in use may be very great, when the value in exchange is little or nothing. Water for instance... | |
| Richard Whately - 1831 - 440 ページ
...scarcely ever adhere to it. Adam Smith defines Value to mean either the utility of a particular object, or the power of purchasing other goods which the possession of that object conveys. The first he calls " Value in use," the second " Value in exchange." But he soon afterwards says, that... | |
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