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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. "
Lectures on the Nature and Use of Money: Delivered Before the Members of the ... - Pàgina 159
per John Gray - 1848 - 344 pàgines
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volum 1

Adam Smith - 1789 - 526 pàgines
...cofts much labour to acquire; and that cheap which is to be had eafily, or wtth very little labour. Labour alone, therefore, never varying in its own value, is alone the ultimate and real ftandard by which the value of all commodities can at all times and places be eftimated and compared....
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volum 1

Adam Smith - 1809 - 372 pàgines
...costs much labour to acquire ; and that cheap which is to be had easily, or with very little labour. Labour alone, therefore, never varying in its own...at all times and places be estimated and compared. It is their real price ; money is their nominal price only. But though equal quantities of labour are...
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The Works of Adam Smith, LL.D. and F.R.S. of London and Edinburgh:: The ...

Adam Smith - 1812 - 520 pàgines
...cofts much labour to acquire ; and that cheap which is to be had eafily, or with very little labour. Labour alone, therefore, never varying in its own value, is alone the ultimate and real Uandard by which the value of all commodities can at all times and places be eftimated and compared....
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The Works of Adam Smith: The nature and causes of the wealth of nations

Adam Smith - 1812
...cofts much labour to acquire ; and that cheap which is to be had eafily, or with very little labour. Labour alone, therefore, never varying in its own value, is alone the ultimate and real ftandard by which the value of all commodities cart at all times and places be eflimated and compared....
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The Works of Adam Smith, Volum 2

Adam Smith - 1812 - 582 pàgines
...labour. Labour alone, therefore, never varying in its own value, is alone the ultimate and real ftandard by which the value of all commodities can at all times and places be eitimated and compared. compared. It is their real price j money is their CHAP. nominal price only....
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The Elements of the Science of Money: Founded on Principles of the Law of Nature

John Prince Smith - 1813 - 562 pàgines
...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, Volum 5

Tobias Smollett - 1817 - 680 pàgines
...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...at all times and places be estimated and compared. It is their real price ; money is their nominal price only." Nothing can be more necessary than a strict...
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Letters on the United Provinces of South America: Addressed to the Hon ...

Vicente Pazos Kanki - 1819 - 714 pàgines
...commodities. Some political economists, like the learned Adam Smith, do indeed assert that, " labour is alone the ultimate and real standard by which the value of all commodities can be estimated." Labour, no doubt, is one of the sources of value or wealth, but it ought not to be confounded...
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On the Principles of Political Economy, and Taxation

David Ricardo - 1821 - 560 pàgines
...which varies, not that of the labour which purchases them •" and therefore, " that la hour alone never varying in its own value, is alone the ultimate...times and places be '<->.' :* estimated and compared ;" — but it is correct to say, as Adam Smith had previously said, " that the proportion between the...
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A Treatise on Political Economy: Or, The Production, Distribution and ...

Jean Baptiste Say - 1827 - 522 pàgines
...costs much labour to acquire; and that cheap, which is to be had easily, or with very little labour. Labour alone, therefore, never varying in its own...all times and places be estimated and compared."* With great deference to so able a writer, it by no means follows, that, because labour in the same...
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