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" 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 value in exchange have frequently little or no value in use. "
The Works of Adam Smith - Side 24
av Adam Smith - 1812 - 2731 sider
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volum 1

Adam Smith - 1789 - 526 sider
...utility of fome particular object, and fometimes the power of purchafing other goods which the poflefllon of that object conveys. The one may be called " value...in exchange have frequently little or no value in pfe. Nothing is more ufeful than water : but it will purchafe fcarce any thing; fcarce any thing can...
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The Scots Magazine, Or, General Repository of Literature, History ..., Volum 59

1797 - 980 sider
...value in ufe;'* the other, " value in exchange." The things which have the. greateÏÏ value in ule, have frequently little or no value in exchange ; and,...; fcarce any thing can be had in exchange for it. Л diamond, on. the contrary, has fcarce any value in ufe ; but a very great quantity of other goods...
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volum 1

Adam Smith - 1809 - 372 sider
...called ' value in use;' the other, * value in 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 value in exchange have frequently little or no value in use. Nothing...
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The Critical Review: Or, Annals of Literature, Volum 5

Tobias Smollett - 1817 - 680 sider
...work ia our Number for December last. things,' he continues, ' which have the greatest value in use, have frequently little or no value in exchange ; and, on the contrary, those which have the greatest value in exchange, have little or no value in use.' Water and air are...
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Conversations on Political Economy: In which the Elements of that Science ...

Mrs. Marcet (Jane Haldimand) - 1821 - 510 sider
...called value in use, the other value in exchange. " The things which have the greatest value in use, " have frequently little or no value in exchange ; " and, on the contrary, those that have the great" est value in exchange, have frequently little or no " value in use. Nothing...
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On the Principles of Political Economy, and Taxation

David Ricardo - 1821 - 566 sider
...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 ; and, on the contrary, those which have the greatest value in exchange, have little or no value in use." Water and air are...
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Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ...

Samuel Read - 1829 - 440 sider
...called ' value in use,' the other ' value in 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 value in exchange have frequently little or no value in use. Nothing...
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The Farmer's Magazine

1840 - 550 sider
...called value in use, the other, value in exchange. The things which have the greatest value in use, have frequently little or no value in exchange, and on the contrary, those that have the greatest value in exchange, have frequently little or no value in use." "Nothing,"...
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View of the Progress of Political Economy in Europe Since the Sixteenth Century

Travers Twiss - 1847 - 358 sider
...use able value. or ^j^y of an o\)jec^ and things which have the greatest value in use, such as water, have frequently little or no value in exchange ; and on the contrary, PRICE DISTINGUISHED FROM VALUE. 167 those which have the greatest value in exchange, such LECTURE as...
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View of the Progress of Political Economy in Europe Since the Sixteenth ...

Sir Travers Twiss - 1847 - 356 sider
...value in use or utility of an object, and things which have the greatest value in use, such as water, have frequently little or no value in exchange ; and on the contrary, those which have the greatest value in exchange, such UECTURE as the diamond, have frequently little...
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