Lectures on the Nature and Use of Money

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A. & C. Black, 1848 - 344 pàgines
 

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Pàgina 156 - The value of any commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to purchase or command.
Pàgina 213 - The labour of some of the most respectable orders in the society is, like that of menial servants, unproductive of any value, and does not fix or realise itself in any permanent subject or vendible commodity, which endures after that labour is past, and for which an equal quantity of labour could afterwards be procured.
Pàgina 157 - 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.
Pàgina 213 - The sovereign, for example, with all the officers both of justice and war who serve under him, the whole army and navy, are unproductive labourers. They are the servants of the public, and are maintained by a part of the annual produce of the industry of other people.
Pàgina 156 - Labour was the first price, the original purchase-money, that was paid for all things.
Pàgina 139 - This division of labour, from which so many advantages are derived, is not originally the effect of any human wisdom, which foresees and intends that general opulence to which it gives occasion. It is the necessary, though very slow and gradual consequence of a certain propensity in human nature which has in view no such extensive utility; the propensity to truck, barter, and exchange one thing for another.
Pàgina 139 - Nobody ever saw a dog make a fair and deliberate exchange of one bone for another with another dog. Nobody ever saw one animal by its gestures and natural cries signify to another, this is mine, that yours : I am willing to give this for that.
Pàgina 224 - So she went into the garden to cut a cabbage leaf to make an apple pie ; and at the same time a great she-bear coming up the street pops its head into the shop. What ! no soap...

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