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" Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared. "
Letters on the United Provinces of South America, Addressed to the Hon ... - Page 204
by Vicente Pazos Kanki - 1819 - 259 pages
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - Economics - 1809 - 372 pages
...be had easily, or with very little labour. Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared. It is their real price ; money is their nominal...
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The Elements of the Science of Money: Founded on Principles of the Law of Nature

John Prince Smith - Money - 1813 - 562 pages
...real measure of the exchangeable value " of all commodities, never varying in its own *' value ; it is alone the ultimate and real " standard by which the value of all commo" dities can at all times and at all places be es" timated and compared. It is their real price:...
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The Critical Review: Or, Annals of Literature, Volume 5

Tobias Smollett - Books - 1817 - 680 pages
...measure of exchangeable value. Adam Smith lays it down broadly and circumstantially, book ic 5 — " Labour is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared. It is their real price ; money is their nominal...
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On the Principles of Political Economy, and Taxation

David Ricardo - Economics - 1821 - 560 pages
...labour which purchases them •" and therefore, " that la hour alone never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be '<->.' :* estimated and compared ;" — but it is correct to say, as Adam...
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A Treatise on Political Economy: Or, The Production, Distribution and ...

Jean Baptiste Say - Economics - 1827 - 522 pages
...be had easily, or with very little labour. Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard, by which the value of all commodities can at all times and places be estimated and compared."* With great deference to so able a writer, it by...
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A Treatise on Political Economy: Or, The Production, Distribution and ...

Jean Baptiste Say - Economics - 1827 - 522 pages
...be had easily, or with very little labour. Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard, by which the value of all commodities can at all times and places be estimated and compared."* With great deference to so able a writer, it by...
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Definitions in political economy

Thomas Robert Malthus - 1827 - 324 pages
...cause which has prevented labour from being received, according to the language of Adam Smith, as " alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared,"* is, * Wealth of Nations, bicv Q that in different...
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The Foreign Review, Volume 4

Periodicals - 1829 - 560 pages
...maintained that labour was a great source of wealth, but that 'labour alone, never varying in its own value, is alone the ultimate and real standard, by which the value of all commodities can at all times and places be estimated and compared.'* Now, the question at once occurs, what is value...
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Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ...

Samuel Read - Economics - 1829 - 444 pages
...be had easily, or with very little labour. Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared."* It would be unsuitable in this place, and altogether...
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The Political Text Book: Comprising a View of the Origin and Objects of ...

William Carpenter - Great Britain - 1833 - 270 pages
...be had easily, or with very little labour. Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared. It is their real price ; money is their nominal...
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