What people are saying - Write a review
We haven't found any reviews in the usual places.
Այլ խմբագրություններ - View all
New Era Economics: Presenting a Rational Theory of Value
John Frederick Brown
Ամբողջությամբ դիտվող - 1918
New Era Economics, Presenting a Rational Theory of Value
John Frederick Brown
Դիտել հնարավոր չէ - 2015
abstinence accepted Adam Smith apprentice Austrian school burden called capital cent chapter commodities craft Davenport demand doctrine economic economists embodied employment entitled equal value equality of compensation established exchange value fact false farm labor hour for hour hour's labor hour's standard human idea increase industrial J. L. Laughlin J. S. Mill justice labor cost labor hour labor of standard labor pain labor product land length Marxian economics means measure ment nation natural necessary nomic political economy present principle private ownership purchase quantity of labor question rate of pay reader reasoning reward sacrifice saving schools sense social society standard efficiency standard labor sumer supply supply and demand theory of value things thought tion toil and trouble trade true unskilled labor utility value estimate put value problem value theory various wages fund Wealth of Nations welfare workers writers
Էջ 87 - The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it. What everything is really worth to the man who has acquired it, and who wants to dispose of it or exchange it for something else, is the toil and trouble which it can save to himself, and which it can impose upon other people.
Էջ 102 - By the 5th of Elizabeth, commonly called the Statute of Apprenticeship, it was enacted, that no person should for the future exercise any trade, craft, or mystery at that time exercised in England, unless he had previously served to it an apprenticeship of seven years at least...
Էջ 88 - In this state of things, the whole produce of labour belongs to the labourer; and the quantity of labour commonly employed in acquiring or producing any commodity, is the only circumstance which can regulate the quantity of labour which it ought commonly to purchase, command, or exchange for.
Էջ 105 - People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.
Էջ 88 - Equal quantities of labour, at all times and places, may be said to be of equal value to the labourer. In his ordinary state of health, strength and spirits ; in the ordinary degree of his skill and dexterity, he must always lay down the same portion of his ease, his liberty, and his happiness.
Էջ 140 - Guid faith he mauna fa' that. For a' that, and a' that, Their dignities, and a' that ; The pith o' sense, and pride o' worth, Are higher rank than a that. Then let us pray that come it may, As come it will for a' that ; That sense and worth, o'er a' the earth, May bear the gree, and a' that. For a
Էջ 88 - If among a nation of hunters, for example, it usually costs twice the labour to kill a beaver which it does to kill a deer, one beaver should naturally exchange for or be worth two deer. It is natural that what is usually the produce of two days or two hours labour, should be worth double of what is usually the produce of one day's or one hour's labour.
Էջ 122 - Till the war-drum throbb'd no longer, and the battle flags were furl'd In the Parliament of man, the Federation of the world.