The word VALUE, it is to be observed, has two different meanings, and sometimes expresses the utility of some particular object, and sometimes the power of purchasing other goods which the possession of that object conveys. The one may be called "value... Life of Adam Smith - Сторінка 103автори: Richard Burdon Haldane Haldane (Viscount) - 1887 - 161 стор.Повний перегляд - Докладніше про цю книгу
| Monthly literary register - 1822 - 1050 стор.
...defines value: The word VALUE, it is to be observed, has two different meanings, and sometimes expresses the utility of some particular object, and sometimes...called value in use, the other value in exchange. — Wealth of Natiuns, b. 1. ••It. iv. " Value in use," — " value in exchange:" why this distinction... | |
| Richard Whately - 1854 - 410 стор.
...adheie to i: Adam Smith defines value to mean either the utility oi n particular object, or the powe r of purchasing other goods which the possession of that object conveys. The first he calls " value in use," the second " value in exchange." But he soon afterwards says, that... | |
| 1888 - 556 стор.
...Smith. " The word ' value,' it is to be observed, has two different meanings, and sometimes expresses the utility of some particular object, and sometimes the power of purchasing othergoods which the possession of that object conveys. The one may be called value in use; the other... | |
| 1873 - 696 стор.
...be observed, has two different meanings, and sometimes eipresses the Utility of some ji.-irtiml.-ir object, and sometimes the power of purchasing other goods which the possession of tbst object conveys. The one may be called, „value in use", the other „valne in exchange." Smith... | |
| Adam Smith - 1875 - 808 стор.
...of goods. The word VALUE, it is to be observed, has two different meanings, and sometimes expresses the utility of some particular object, and sometimes...exchange.' The things which have the greatest value in use have frequently little or no value in exchange ; and, on the contrary, those which have the greatest... | |
| Jeremiah Joyce - 1877 - 260 стор.
...have been defrauded. In this way money is an universal instrument of commerce, p. 28. The word value expresses sometimes the utility of some particular...called value in use, the other value in exchange. Some things of the greatest value in use have scarcely any in exchange, as water. The value of others... | |
| University examiner - 1878 - 92 стор.
...amongst the sources of national wealth. 2. — Value has two different meanings, and sometimes expresses the utility of some particular object, and sometimes...goods which the possession of that object conveys. The first is value in use, the second value in exchange. Political economy is only directly concerned with... | |
| William Stanley Jevons - 1879 - 434 стор.
...said c ' The word value, it is to be observed, has two different meanings, and sometimes expresses the power of purchasing other goods which the possession...exchange." The things which have the greatest value in use have frequently little or no value in exchange; and, on the contrary, those which have the greatest... | |
| Earl Thomas Brassey Brassey - 1879 - 468 стор.
...wages. The value of a thing is WBges- relative rather than absolute. It depends mainly, says Ricardo, on the power of purchasing other goods which the possession of that object conveys. The price of things, according to M. Turgot, is only a term of comparison between their abundance, their... | |
| Emile-Justin Menier - 1880 - 466 стор.
...sorts of value. " The word value," he says, || " has two different meanings, and sometimes expresses the utility of some particular object, and sometimes...The one may be called ' value in use ; ' the other * Harmonies economiques. Chapter V. § Principles of Political Economy. Book III., chapter I., section... | |
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