...failed to catch. He has done good service, moreover, in protesting against Mill's saying:— “Happily there is nothing in the laws of value which remains...up; the theory of the subject is complete.” It is probable that Mill intended this to be interpreted in a very narrow sense; but anyhow, it is unfortunate....

...explanation of the “exchangeable value” of one commodity for another in the marketplace, declaring that, “there is nothing in the laws of Value which...to clear up; the theory of the subject is complete: the only difficulty to be overcome is that of so stating it as to solve by anticipation the chief perplexities...

...Political Economy approached the problem of price in an aggressively confident manner. His unfortunate assertion that “there is nothing in the laws of...for the present or any future writer to clear up” (1965, 456) has oft been quoted as a masterpiece of imprescience; but few seem to have realized the...

...of value. 1 Never has an author so misrepresented himself as Mill did with his dictum that 'happily there is nothing in the laws of value which remains for the present or any future author to clear up; the theory of the subject is complete'. As Professor Stigler has shown, Mill's...

...Wealth of Nations," and John Stuart Mill's " Principles of Political Economy ".— " Happily," says he, "there is nothing in the laws of value which remains...to clear up; the theory of the subject is complete; the only difficulty to be overcome is that of so stating it as to solve by anticipation the chief perplexities...