 The things which have the greatest value in use have frequently little or no value in exchange; and, on the contrary, those which have the greatest value in exchange have frequently little or no value in use. Nothing is more useful than water: but it...  The Critical Review, Or, Annals of Literature - Էջ 5571816Ամբողջությամբ դիտվող - Այս գրքի մասին
 | David L. Sills, Robert King Merton - 2000 - 466 էջ
...that object conveys. The one may be called "value in use"; the other, "value in exchange." The things which have the greatest value in use have frequently...more useful than water: but it will purchase scarce any thing; scarce any thing can be had in exchange for it. A diamond, on the contrary, has scarce any... | |
 | 2000 - 724 էջ
...the latter is the power of purchasing goods, of which diamonds afford an illustration. " The things which have the greatest value in use have frequently...exchange have frequently little or no value in use." In this distinction Smith is in accord with the idea of valeur usuelle and valeur venale as held by... | |
 | Jonathan Burton - 2000 - 302 էջ
...that caught his attention, but rather how people value what comes easily and what does not. He said: "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... | |
 | Sandra Peart - 2003 - 296 էջ
...of the commodity. In a passage which will be familiar to most readers, Adam Smith says: "The things which have the greatest value in use have frequently...more useful than water; but it will purchase scarce any thing; scarce any thing can be had in exchange for it. A diamond, on the contrary, has scarce any... | |
 | Arthur E. Gandolfi, Anna Sachko Gandolfi, David P. Barash - 302 էջ
...paradox. Smith and his followers made a distinction between value in use and value in exchange: The things which have the greatest value in use have frequently...exchange have frequently little or no value in use. (Smith, 1 976. pp.32-33) But this is merely a restatement of the problem, which it shoves onto the... | |
 | Mark Jordan - 2002 - 188 էջ
...his book, Wealth of Nations. Adam Smith made the following observation regarding value: "The things which have the greatest value in use have frequently...have the greatest value in exchange have frequently no value in use. Nothing is more useful than water but it will purchase scarcely anything; scarcely... | |
 | Verna V. Gehring, William Arthur Galston - 2002 - 366 էջ
...that object conveys. The one may be called "value in use"; the other, "value in exchange." The things which have the greatest value in use have frequently...more useful than water: but it will purchase scarce any thing; scarce any thing can be had in exchange for it. A diamond, on the contrary, has scarce any... | |
 | Adam Smith - 2004 - 260 էջ
...that object conveys. The one may be called 'value in use'; the other, 'value in exchange'. The things which have the greatest value in use have frequently...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... | |
 | John Elliott Cairnes - 2004 - 440 էջ
...of the commodity. In a passage which will be familiar to most readers, Adam Smith says: "The things which have the greatest value in use have frequently...more useful than water; but it will purchase scarce any thing; scarce any thing can be had in exchange for it. A diamond, on the contrary, has scarce any... | |
 | Jerry Evensky - 2005 - 364 էջ
...addresses the distinction between value in use and value in exchange. Ironically, he notes, "[t]he things which have the greatest value in use have frequently...exchange have frequently little or no value in use" (WN, 44). For example "[n]othing is more useful than water" and yet it has very little value in exchange,... | |
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