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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... "
Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ... - Страница 10
по Samuel Read - 1829 - 398 страници
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Том 1

Adam Smith - 1811
...These rules determine what may be called the relative or exchangeable value of goods. The word VALUE, it is to be observed, has two different meanings,...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...

The Critical Review: Or, Annals of Literature, Том 5

Tobias Smollett - 1817
...into value in use and value in exchange. " It has been observed by Adam Smith, that ' the word Value has two different meanings, and sometimes expresses...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...

The Analectic Magazine...: Comprising Original Reviews, Biography ..., Том 13

1819
...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,...

Conversations on Political Economy: In which the Elements of that Science ...

Mrs. Marcet (Jane Haldimand) - 1820 - 348 страници
...obtained in exchange. He says, " The word value, it is to be observed, has two different meanings: it sometimes expresses the utility of some particular...exchange. The things which have the greatest value in use, nave frequently little or no value in exchange ; and, on the contrary, those that have the greatest...

On the Principles of Political Economy, and Taxation

David Ricardo - 1821 - 538 страници
...compensation "which is paid for that labour. IT has been observed by Adam Smith, that " the word Value has two different meanings, and sometimes expresses...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...

Conversations on Political Economy: In which the Elements of that Science ...

Mrs. Marcet (Jane Haldimand) - 1821 - 490 страници
...obtained in exchange. He says, " The word " value, it is to be observed, has two different " meanings ; it sometimes expresses the utility " of some particular...sometimes the " power of purchasing other goods which the pos" session of that object conveys. The one may be " called value in use, the other value in exchange....

On the Principles of Political Economy, and Taxation

David Ricardo - 1821 - 538 страници
...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...

Definitions in Political Economy: Preceded by an Inquiry Into the Rules ...

Thomas Robert Malthus - 1827 - 261 страници
...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...

Conversations on Political Economy: In which the Elements of that Science ...

Mrs. Marcet (Jane Haldimand) - 1828 - 330 страници
...obtained in exchange. He says, "The word value, it is to be observed, has two different meanings : it sometimes expresses the utility of some particular...possession of that object conveys. The one may be called valve in use, the oiher value in exchange. The things which have ihe greatest value in use, have frequently...

Synopsis of Mercantile Laws: With an Appendix: Containing the Most Approved ...

Joshua Montefiore - 1830 - 335 страници
...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...




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