 | Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - 1903 - 752 ページ
...for the producer. Or, as Adam Smith said, "The word VALUE, it is to be observed, has two different meanings, and sometimes expresses the utility of some...value in use " ; the other, " value in exchange." Applying the general formula, then, to these particular modes of valuation, use value and exchange... | |
 | David Ricardo - 1903 - 946 ページ
...different meanings, and sometimes expresses the utility of some particular object, and some-^ times the power of purchasing other goods which the possession...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... | |
 | Alfred Marshall - 1903 - 574 ページ
...Wealth ; and a little may be said about it here. "The word value" says Adam Smith "has two different meanings, and sometimes expresses the utility of some...goods which the possession of that object conveys." But experience has shown that it is not well to use the word in the former sense. The value, that is... | |
 | Charles Jesse Bullock - 1905 - 398 ページ
...distinction between total and marginal utility, were puzzled by the fact that, as Adam Smith put it, " The things which have the greatest value in use have frequently little or no value in exchange." Smith observed : " Nothing is more useful than water ; but it will purchase scarce anything. ... A... | |
 | 1905 - 1080 ページ
...Rochester v. Town of Chester, 3 NH 349, 358. The word 'Value," It le to be observed, has two different meanings, and sometimes expresses the utility of some...object, and sometimes the power of purchasing other poods which the possession of that object conveys. The one may be called "value in use"; the other... | |
 | Albion W. Small - 1907 - 290 ページ
...the relative or exchangeable value of goods. The word value, it is to be observed, has two different meanings, and sometimes expresses the utility of some...called "value in use," the other, "value in exchange." .... In order to investigate the principles which regulate the exchangeable value of commodities, I... | |
 | Frank Wilson Blackmar - 1907 - 456 ページ
...his " Wealth of Nations " (Bk. 1, ch. IV.) he states: "The word value, it is to be observed, has two meanings, and sometimes expresses the utility of some...object conveys. The one may be called value in use and the other value in exchange. The things which have the greatest value in use have frequently little... | |
 | Frank Wilson Blackmar - 1907 - 564 ページ
...In his Wealth of Nations (Bk. I, Ch. IV) he states : " The word value, it is to be observed, has two meanings, and sometimes expresses the utility of some...object conveys. The one may be called value in use and the other value in exchange. The things which have the greatest value in use have frequently little... | |
 | John Orr - 1912 - 136 ページ
...the confusion arising from this unscientific mixture. " The word value," he says, " has two different meanings, and sometimes expresses the utility of some...' value in use ' ; the other ' value in exchange.' " 1 But " value in use " is a matter with which economists have nothing to do. Theirs is a mental science,... | |
 | John Orr - 1912 - 142 ページ
...word value," he says, " has two different meanings, and sometimes expresses the utility of some 83 particular object, and sometimes the power of purchasing...' value in use ' ; the other ' value in exchange.' " 1 But " value in use " is a matter with which economists have nothing to do. Theirs is a mental science,... | |
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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... 
