| David Ricardo - Classical school of economics - 1821 - 566 pages
...labour, should be worth double of what is usually the produce of one day's, or one hour's labour*." That this is really the foundation of the exchangeable value of all things, excepting those i which cannot be increased by human industry, is a doctrine of the utmost importance in political... | |
| Patrick James Stirling - Economics - 1846 - 416 pages
...pointed out this error, has himself committed one as great, or greater, in representing labour as " the foundation of the exchangeable value of all things,...those which cannot be increased by human industry." Were there any commodity, or class of commodities, the cost of producing which could be resolved exclusively... | |
| 1847 - 1040 pages
...ably pointed out this error, has himself committed one as great, or greater, in representing labour as 'the foundation of the exchangeable value of all things,...those which cannot be increased by human industry.' "— p. 71. Now this criticism is well founded, or not, according to the interpretation which we may... | |
| Henry Dunning Macleod - Economics - 1872 - 730 pages
...the abundance of other commodities for which it will exchange." Ricardo then, p. 4, adopts labour as the foundation of the exchangeable value of all things,...those which cannot be increased by human industry. But unfortunately, he soon forgets this important exception, which includes by far the greater portion... | |
| Henry Dunning Macleod - Economics - 1872 - 712 pages
...by°the abundance of other commodities for which it will exchange." Ricardo then, p. 4, adopts labour as the foundation of the exchangeable value of all things, excepting those which cannot be mcreased by human industry. But unfortunately, he soon forgets this important exception, which includes... | |
| 1877 - 626 pages
...labour is the cause of value, and the other half that exchangeability is.' ' Ricardo adopts labour as the foundation of the exchangeable value of all things,...those which cannot be increased by human industry. But unfortunately he soon forgets this important exception, which includes by far the greater portion... | |
| Robert Ellis Thompson, William Wilberforce Newton, Otis H. Kendall - 1877 - 992 pages
...sets forth as the first fundamental assumption of abstract political economy, applied to advanced * " That this is really the foundation of the exchangeable value of all things," he continues, "excepting those which cannot be increased by human industry, is a doctrine of the utmost... | |
| English literature - 1877 - 612 pages
...hajf that exchangeability is.' ' Ricardo adopts labour as the foundation of the exchangeable valne of all things, excepting those which cannot be increased by human industry. But unfortunately he soon forgets this important exception, which includes by far tke greater portion... | |
| Henry Mayers Hyndman - Democracy - 1881 - 222 pages
...double of what is usually the produce of one day's or one hour's labour." " That this," adds Ricardo," is really the foundation of the exchangeable value...doctrine of the utmost importance in political economy. If the quantity of labour realized in commodities regulate their exchangeable value, every increase... | |
| Henry Mayers Hyndman - Democracy - 1881 - 212 pages
...double of what is usually the produce of one day's or one hour's labour." " That this," adds Ricardo, " is really the foundation of the exchangeable value...doctrine of the utmost importance in political economy. If the quantity of labour realized in commodities regulate their exchangeable value, every increase... | |
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