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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. "
The Foreign Review - Seite 401
1829
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Band 1

Adam Smith - 1789 - 526 Seiten
...acquire; and that cheap which is to be had eafily, or wtth very little labour. Labour alone, therefore, never varying in its own value, is alone the ultimate and real ftandard by which the value of all commodities can at all times and places be eftimated and compared....
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Band 1

Adam Smith - 1809 - 372 Seiten
...acquire ; and that cheap which is to be had easily, or with very little labour. Labour alone, therefore, never varying in its own value, is alone the ultimate...at all times and places be estimated and compared. It is their real price ; money is their nominal price only. But though equal quantities of labour are...
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The Works of Adam Smith, Band 2

Adam Smith - 1812 - 582 Seiten
...acquire ; and that cheap which is to be had eafily, or with very little labour. Labour alone, therefore, never varying in its own value, is alone the ultimate and real ftandard by which the value of all commodities can at all times and places be eitimated and compared....
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The Works of Adam Smith, LL.D. and F.R.S. of London and Edinburgh:: The ...

Adam Smith - 1812 - 520 Seiten
...acquire ; and that cheap which is to be had eafily, or with very little labour. Labour alone, therefore, never varying in its own value, is alone the ultimate and real Uandard by which the value of all commodities can at all times and places be eftimated and compared....
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The Elements of the Science of Money: Founded on Principles of the Law of Nature

John Prince Smith - 1813 - 562 Seiten
...real measure of the exchangeable value " of all commodities, never varying in its own *' value ; it is alone the ultimate and real " standard by which the value of all commo" dities can at all times and at all places be es" timated and compared. It is their real price:...
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The Critical Review: Or, Annals of Literature, Band 5

Tobias Smollett - 1817 - 680 Seiten
...of exchangeable value. Adam Smith lays it down broadly and circumstantially, book ic 5 — " Labour is alone the ultimate and real standard by which the...at all times and places be estimated and compared. It is their real price ; money is their nominal price only." Nothing can be more necessary than a strict...
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Letters on the United Provinces of South America: Addressed to the Hon ...

Vicente Pazos Kanki - 1819 - 714 Seiten
...commodities. Some political economists, like the learned Adam Smith, do indeed assert that, " labour is alone the ultimate and real standard by which the value of all commodities can be estimated." Labour, no doubt, is one of the sources of value or wealth, but it ought not to be confounded...
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On the Principles of Political Economy, and Taxation

David Ricardo - 1821 - 566 Seiten
...goods, it is their value which varies, not that of the labour which purchases them ;" and therefore, " that labour alone never varying in its own value,...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 the...
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On the Principles of Political Economy, and Taxation

David Ricardo - 1821 - 560 Seiten
...value which varies, not that of the labour which purchases them •" and therefore, " that la hour alone never varying in its own value, is alone the...times and places be '<->.' :* estimated and compared ;" — but it is correct to say, as Adam Smith had previously said, " that the proportion between the...
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A Treatise on Political Economy: Or, The Production, Distribution and ...

Jean Baptiste Say - 1827 - 522 Seiten
...acquire; and that cheap, which is to be had easily, or with very little labour. Labour alone, therefore, never varying in its own value, is alone the ultimate...all times and places be estimated and compared."* With great deference to so able a writer, it by no means follows, that, because labour in the same...
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