 Labour was the first price, the original purchase-money that was paid for all things. It was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased; and its value, to those who possess it, and who want to exchange...  The Collected Works of Dugald Stewart - Page 353by Dugald Stewart - 1855Full view - About this book
 | Adam Smith - Economics - 1789 - 526 pages
...its value,to thofe who poflefs it, and who want to exchange it for fome new productions, is precifely equal to the quantity of labour which it can enable them to purchafe or command. WEALTH, WEALTH, as Mr. Hobbes fays, is power. But c HAP, the perfon who either... | |
 | Adam Smith - Economics - 1809 - 372 pages
...to those who possess it, and who want to exchange it for some new productions, is precisely equal ta the quantity of labour which it can enable them to purchase or command. Wealth, as Mr. Hobbes says, is power. But the person who either acquires, or succeeds to a great fortune,... | |
 | Adam Smith - Economics - 1811 - 452 pages
...quantity. Labour was the first price, the original purchase-money that was paid for all things. II; was not by gold or by silver, but by labour, that...labour which it can enable them to purchase or command. Wealth, as Mr. Hobbes says, is power. Bv (the person who either acquires, or succeeds to a great fortune,... | |
 | Charles Ganilh - Economics - 1812 - 520 pages
...profundity, which are the characteristics of his excellent mind. He states, that " the value of any commodity to those who possess it, and who want to exchange...which it can enable them to purchase or command." Whence he infers, that " labour is the real measure of the exchangeable value of all commodities."... | |
 | Adam Smith - Economics - 1812
...value, to thofe who poffefs it, and who want to exchange it for fome new productions, is precifely equal to the quantity of labour which it can enable them to purchafe or command. Wealth Wealth, as Mr. Hobbes fays, is power. But CHAP, the perfon who either acquires,... | |
 | Adam Smith - Economics - 1812 - 520 pages
...value, to thofe who poffefs it, and who want to exchange it for fome new productions, is precifely equal to the quantity of labour which it can enable them to purchafe or command. Wealth, as Mr. Hobbes fays, is power. But c HA P. the perfon who either acquires,... | |
 | William Shepherd, Jeremiah Joyce, Lant Carpenter - Education - 1815 - 598 pages
...value of any commodity to those who possess it, and who want to exchange it for some new production, is precisely equal to the quantity of labour which it can enable them to purchase or command : •whence he infers, that labour is the real measure of the exchangeable value of all commodities."... | |
 | Tobias Smollett - Books - 1816 - 674 pages
...what is supposed at the time to contain the value of an equal quantity. Labour was the first prjce, the original purchase-money that was paid for all...which it can enable them to purchase or command."* , • In opposition to this doctrine, M. Storch argues in the following manner: — " Dans ce systeme,... | |
 | English literature - 1816 - 692 pages
...those who possess it, and who want to exchange it for some new productions, is precisely equal to ibe quantity of labour which it can enable them to purchase or command."* In opposition to this doctrine, M. Storch argues in the following manner: — " Dans ce systeme, comme... | |
 | Adam Smith - Economics - 1822 - 522 pages
...paid for all things. It was not by gold or by silver, but by labour, that all the wealth of the worjd was originally purchased ; and its value, to those...labour which it can enable them to purchase or command. Wealth, as Mr. Hobbes says, is power. But the person who either acquires, or succeeds to a great fortune,... | |
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