 | Milton Briggs - 1921 - 552 trang
...scarce anything can be had in exchange for it. A diamond, on the contrary, has scarce any value in use ; but a very great quantity of other goods may frequently be had in exchange for it." Although it is often necessary to use definitions which vary with the conditions, economists cannot... | |
 | Lionel Danforth Edie, Benjamin Palmer Whitaker - 1927 - 184 trang
..."scarce anything can be had in exchange for it. A diamond, on the contrary, has scarce any value in use ; but a very great quantity of other goods may frequently be had in exchange for it." (Wealth of Nations, Book I, Oh. IV.) (a) How is this economic paradox explained by the study of utility... | |
 | Edwin Cannan - 1964 - 480 trang
...scarce anything can be had in exchange for it. A diamond, on the contrary, has scarce any value in use; but a very great quantity of other goods may frequently be had in exchange for it " (Vol. I. p. 30). Then at the beginning of the next chapter (Book I. chap, v) he says that the value... | |
 | Phyllis Deane - 1978 - 260 trang
...anything can be had in exchange for it. A diamond, on the contrary, has scarcely any value in use; but a very great quantity of other goods may frequently be had in exchange for it. In order to investigate the principles which regulate the exchangeable value of commodities, I shall... | |
 | Michael Evan Gold - 1983 - 124 trang
...scarce any thing can be had in exchange for it. A diamond, on the contrary, has scarce any value in use; but a very great quantity of other goods may frequently be had in exchange for if.1*' Water is more valuable than diamonds because we cannot live without water, but diamonds cost... | |
 | John Eatwell, Murray Milgate, Peter Newman - 1990 - 340 trang
...scarce any thing can be had in exchange for it. A diamond, on the contrary, has scarce any value in use; but a very great quantity of other goods may frequently be had in exchange for it ( 1776, Book I, ch. IV). Smith has sometimes been accused, because of the wording of this passage,... | |
 | David Favrholdt - 1991 - 116 trang
...scarce anything can be had in exchange for it. A diamond, on the contrary, has scarce any value in use; but a very great quantity of other goods may frequently be had in exchange for it".11 In the short run the values in exchange, the relative prices, are determined by supply and demand,... | |
 | John Guillory - 1993 - 422 trang
...scarce anything can be had in exchange for it. A diamond, on the contrary, has scarce any value in use; but a very great quantity of other goods may frequently be had in exchange for it.18 It is a historical fact that this distinction founds political economy, as such, as a discourse... | |
 | John Cunningham Wood - 1993 - 664 trang
...scarce anything can be had in exchange for it. A diamond, on the contrary, has scarce any value in use; but a very great quantity of other goods may frequently be had in exchange for it" ( Wealth of Nations. Cannan edition (London. 1950), Vol. I, p. 30). 19. Conveniently reproduced in... | |
 | Max L. Stackhouse, Dennis P. McCann, Preston N. Williams, Shirley J. Roels - 1995 - 1002 trang
...scarce any thing can be had in exchange for it. A diamond, on the contrary, has scarce any value in use; but a very great quantity of other goods may frequently be had in exchange for it. ... Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries,... | |
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Nothing is more useful than water: but it will purchase scarce anything; scarce anything can be had in exchange for it. ' A diamond, on the contrary, has scarce any value in use; but a very great quantity of other goods may frequently be had in exchange... 
