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" ... the nominal or money price of corn, you do not raise its real value, you do not increase the real wealth of our farmers or country gentlemen, you do not encourage the growth of corn. The nature of things has stamped upon corn a real value, which cannot... "
Observations on the Means of Exciting a Spirit of National Industry: Chiefly ... - Page 355
by James Anderson - 1777 - 526 pages
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The Gentleman's and London Magazine: Or Monthly Chronologer, 1741-1794

1741 - 770 pages
...home-market, can mile that value. The freeit competition cartnat lower it. Through the woild in gentr.il that value is equal to the quantity of labour which it can maintain anil in every paiucular place, it is equal 10 the quantity of labour whicli it can maintain in the...
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On the Principles of Political Economy, and Taxation

David Ricardo - Classical school of economics - 1821 - 560 pages
...things has stamped upon corn a real value, which cannot be altered by merely altering its money price. Through the world in general, that value is equal to the quantity of labour which it can maintain." I have already attempted to shew, that the market price of corn would, under an increased demand from...
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - Economics - 1884 - 604 pages
...monopoly of me home market, can raise that value. The freest competition cannot lower it. Through the work in general, that value is equal to the quantity of...every particular place it is equal to the quantity ol labour which it can maintain in the way, whether liberal, moderate, or scanty, in whicl labour is...
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Principles of Political Economy and Taxation

David Ricardo - Economics - 1919 - 526 pages
...value which cannot be altered by merely altering its money price. Through ' [Bk. iv., cv, p. 210a.] the world in general, that value is equal to the quantity of labour which it can maintain." 1 I have already attempted to show,'' that the market price of corn would, under an increased demand...
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Principles of Political Economy and Taxation

David Ricardo - Economics - 1919 - 530 pages
...things has stamped upon corn a real value which cannot be altered by merely altering its money price. Through the world in general, that value is equal to the quantity of labour which it cau maintain." ' I have already attempted to show, that the market price of corn would, under an increased...
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Principles of Political Economy, Volume 1

Thomas Robert Malthus - Business & Economics - 1989 - 518 pages
...price. No bounty upon exportation, no monopoly of the home market, can raise that value. The freest competition cannot lower it. Through the world in...general that value is equal to the quantity of labour it can maintain . . . The real value of corn does not vary with those variations in its average money...
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The Principles of Political Economy and Taxation

David Ricardo, F. W. Kolthammer - Business & Economics - 2004 - 324 pages
...things has stamped upon corn a real value which cannot be altered by merely altering its money price. Through the world in general that value is equal to the quantity of kbour which it can maintain." I have already attempted to show that the market price of com would,...
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The Real Price of Everything: Rediscovering the Six Classics of Economics

Michael Lewis - Economic policy - 2007 - 1476 pages
...price. No bounty upon exportation, no monopoly of the home market, can raise that value. The freest artner is bound for the debts contracted by the company, to the whole extent of his fortune. In a labor which it can maintain, and in every particular place it is equal to the quantity of labor which...
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The Works of David Ricardo, Esq., M.P.: With a Notice of the Life and ...

David Ricardo, John Ramsay McCulloch - Economics - 2000 - 636 pages
...things has stamped upon corn a real value, which cannot be altered by merely altering its money price. Through the world in general, that value is equal to the quantity of labour which it can maintain." I have already attempted to stow, that the market price of corn would, under an increased demand from...
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