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" The value of any commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to purchase or command. Labour, therefore,... "
The Works of Adam Smith - Side 26
av Adam Smith - 1812 - 2731 sider
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Liberty and Law: Being an Attempt at the Refutation of the Individualism of ...

George Lacy - 1888 - 388 sider
...commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to purchase or command. Labour is therefore the real measure of the exchangeable value of all commodities."...
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The Ten Commandments

George Dana Boardman - 1889 - 396 sider
...commodity to the person who possesses it, 5_ a on8' ^ and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labor which it enables him to purchase or command. Labor, therefore, is the real measure of the exchangeable...
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Free Exchange: Papers on Political and Economical Subjects Including ...

Louis Mallet - 1891 - 398 sider
...value of any commodity to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to purchase or command. Labour, therefore, is the real measure of the exchangeable value of all commodities....
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The Works of Walter Bagehot ..., Volum 5

Walter Bagehot - 1891 - 726 sider
...commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labor which it enables him to purchase or command. Labor, therefore, is the real measure of the exchangeable...
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The Wealth of Labor

Frank Loomis Palmer - 1894 - 252 sider
...commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labor which it enables him to purchase or command. Labor, therefore, is the real measure of the exchangeable...
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History and Criticism of the Labor Theory of Value in English ..., Utgave 50

Albert Conser Whitaker - 1904 - 216 sider
...commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to purchase or command. Labour, therefore, is the real measure of the exchangeable value of all commodities."...
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The Legal Tender Problem

Percy Kinnaird - 1904 - 346 sider
...commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labor which it enables him to purchase or command. . . . Labor, therefore, is the real measure of the...
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Adam Smith and Modern Sociology: A Study in the Methodology of the Social ...

Albion W. Small - 1907 - 290 sider
...commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to purchase or command. Labour, therefore, is the real measure of the exchangeable value of all commodities.10...
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - 1909 - 644 sider
...commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to'purchase or command. Labour, therefore, is the real measure of the exchangeable value of all commodities....
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The Quarterly Journal of Economics, Volum 26

Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - 1912 - 816 sider
...commodity to the person who possesses it," writes Smith, " and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labor which it enables him to purchase or command." ' This statement is simple if " quantity of labor...
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