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" If any one commodity could be found, which now and at all times required precisely the same quantity of labour to produce it, that commodity would be of an unvarying value, and would be eminently useful as a standard by which the variations of other things... "
Thoughts on a few subjects of political economy. [With] - Seite 28
von John Cazenove - 1859 - 54 Seiten
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The Analectic Magazine...: Comprising Original Reviews, Biography ..., Band 13

1819 - 552 Seiten
...labour itself always vary with the proportion of supply and demand. We are told by Mr. Ricardo, ' that if any one commodity could be found, which now, and...that commodity would be of an unvarying value, and a standard by which the variation of other things might be measured. Now, inasmuch as the value of...
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Principles of Political Economy Considered with a View to Their Practical ...

Thomas Robert Malthus - 1836 - 520 Seiten
...edition of his work (page 11) has given the following description of an invariable measure of value. " If any one commodity could be found, which now, and...of labour to produce it, that commodity would be of unvarying value, and would be eminently useful as a standard by which the variations of other things...
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The First Six Chapters of the Principles of Political Economy and Taxation ...

David Ricardo - 1895 - 166 Seiten
...comparative quantities of commodi• ties, which are given to the labourer in exchange for his • labour. (If any one commodity could be found, which now and...standard by which the variations of other things might be measured. Of such a commodity we have no knowledge and consequently are unable to fix on any standard...
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The Yale Review, Band 4;Band 7

George Park Fisher, George Burton Adams, Henry Walcott Farnam, Arthur Twining Hadley, John Christopher Schwab, William Fremont Blackman, Edward Gaylord Bourne, Irving Fisher, Henry Crosby Emery, Wilbur Lucius Cross - 1899 - 506 Seiten
...conveys,"2 but like Adam Smith he at once discards the commodity standard in estimating the goods: "If any one commodity could be found which now and...all times required precisely the same quantity of labor to produce it, that commodity would be of an unvarying value, and would be eminently useful as...
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The Yale Review, Band 4;Band 7

George Park Fisher, George Burton Adams, Henry Walcott Farnam, Arthur Twining Hadley, John Christopher Schwab, William Fremont Blackman, Edward Gaylord Bourne, Irving Fisher, Henry Crosby Emery, Wilbur Lucius Cross - 1899 - 496 Seiten
...conveys,"2 but like Adam Smith he at once discards the commodity standard in estimating the goods: "If any one commodity could be found which now and...all times required precisely the same quantity of labor to produce it, that commodity would be of an unvarying value, and would be eminently useful as...
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The Psychology of Meaning...

Kate Gordon - 1903 - 94 Seiten
...desire and utility are relatively simple, constant factors, not in need of discussion. Ricardo says : " If any one commodity could be found which now and...all times required precisely the same quantity of labor to produce it, that commodity would be of an unvarying value." 4 Also : " Possessing utility...
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The Journal of Political Economy, Band 11

1903 - 722 Seiten
...work out constructive systems for putting such a standard in operation. Ricardo declared : ' If only one commodity could be found, which now and at all times required precisely the same quantity of labor to produce it, that commodity would be of an unvarying value, and would be eminently useful as...
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Principles of Political Economy and Taxation

David Ricardo - 1903 - 946 Seiten
...are given to the labourer in exchange for his labour. [§ II.4 If any one commodity could beTound, which now and at all times required precisely the same quantity of 1 [Bk. 1. cv 14 a. Quotation only substantially correct] [/6trf.] [See above.] 1 [See above.] 4 [This...
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The Quarterly Journal of Economics, Band 18

Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - 1904 - 636 Seiten
...Probably even at this period Ricardo would have admitted that we have no knowledge of any one commodity "which now and at all times required precisely the same quantity of labour to produce it," and that a perfect standard of value was therefore unobtainable. Yet he would doubtless have added...
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The Principles of Money and Banking: Book VI-The co-operation of the factors ...

Charles Arthur Conant - 1905 - 510 Seiten
...work out constructive systems for putting such a standard in operation. Ricardo declared:1 "If only one commodity could be found, which now and at all times required precisely the same quantity of labor to produce it, that commodity would be of an unvarying value, and would be eminently useful as...
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