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" Labor was the first price, the original purchase money that was paid for all things. "
T. R. Malthus: The Unpublished Papers in the Collection of Kanto Gakuen ... - Página 298
por T. R. Malthus - 2004
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Capital and Interest: A Critical History of Economical Theory

Eugen von Böhm-Bawerk - 1890 - 431 páginas
...propositions can win acceptance. Let us see what Adam Smith, and after him, Eicardo, says further. " Labour was the first price — the original purchase money that was paid for all things." This proposition is comparatively inoffensive, but it has no bearing on the principle of value. " In...
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The Works of Walter Bagehot ..., Volumen5

Walter Bagehot - 1891
...which we exchange for what is supposed at the time to contain the value of an equal quantity. Labor was the first price, the original purchase money that...all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased ; and its value, to those who possess...
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Labor and Capital: Containing an Account of the Various Organizations of ...

Emory Adams Allen - 1891 - 518 páginas
...money or with goods is purchased by labor as much as what we acquire by the toil of our own body. Labor was the first price, the original purchase money that...all things. It was not by gold or by silver, but by labor that all the wealth of the world was originally purchased. Labor, therefore is the real measure...
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Free Exchange: Papers on Political and Economical Subjects Including ...

Louis Mallet - 1891 - 356 páginas
...to contain the value of an equal quantity. Labour was the first price, the original purchase-money, that was paid for all things. It was not by gold or silver, but by labour, that all the wealth of the world was originally purchased ; and its value to...
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Socialism from Genesis to Revelation

Franklin Monroe Sprague - 1892 - 493 páginas
...the real measure of the exchangeable value of all commodities. . . . Labor was the first price paid, the original purchase money that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth in the world was originally purchased." i McCulloch says, " The cost or...
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Industry: A Monthly Magazine Devoted to Science, Engineering and ..., Temas54-65

1893
...quotation here that, as a fragment, will convey an idea of the style in which the book is written. " Labor was the first price, the original purchase money that...all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased ; and the mode by which the labor...
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Zeitschrift für Volkswirtschaft und Sozialpolitik, Volumen9

1900
...sonst bei ihm fast überall vorkommenden Bezeichnung: the annual produce of land and labour. 2) Labour was the first price, the original purchase money that was paid for all things. 1t was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased....
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Pages of Socialist History: Teachings and Acts of Social Democracy

W. Tcherkesoff - 1902 - 106 páginas
...exchangeable vain of all commodities" (idem). 6. "Labor was the first price, the original purchase-money, that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased ; and its value to t who possess it,...
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Our Land and Land Policy: Speeches, Lectures, and Miscellaneous Writings

Henry George - 1902 - 345 páginas
...commodities with is labour. It is not merely true in the sense he meant it that, as Adam Smith says, "Labour was the first price, the original purchase money that was paid for all things." It is the final price that is paid for all things. The lessening of "effective demand," which is the proximate...
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The Economic Journal: The Quarterly Journal of the Royal Economic ..., Volumen13

1903
...it with all the necessaries and conveniences of life." Then again take the sentence : — " Labour was the first price, the original purchase money, that was paid for all things." And no writer has a keener appreciation of the humanity of labour. Adam Smith knew nothing of the economic...
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