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" Labour was the first price, the original purchasemoney that was paid for all things. It was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased; and its value to those who possess it and who want to exchange... "
A Practical Treatise on Labor - Page 240
by Hendrick Bradley Wright - 1871 - 405 pages
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - Economics - 1809 - 372 pages
...by gold or by silver, but by labour, that all the wealth of the world was originally purchased ; and its value, to those who possess it, and who want to exchange it for some new productions, is precisely equal ta the quantity of labour which it can enable them to purchase or command....
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An Inquiry Into the Various Systems of Political Economy: Their Advantages ...

Charles Ganilh - Economics - 1812 - 520 pages
...profundity, which are the characteristics of his excellent mind. He states, that " the value of any commodity to those who possess it, and who want to exchange it for some new productions, is precisely equal to the quantity of labour which it can enable them to purchase or command."...
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Systematic Education: Or Elementary Instruction in the Various ..., Volume 2

William Shepherd, Jeremiah Joyce, Lant Carpenter - Education - 1815 - 598 pages
...their scarcity, and dimimshes with their plenty. Dr. Smith observes, " that the value of any commodity to those who possess it, and who want to exchange...production, is precisely equal to the quantity of labour which it can enable them to purchase or command : •whence he infers, that labour is the real...
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The Critical Review: Or, Annals of Literature, Volume 4

Tobias Smollett - Books - 1816 - 674 pages
...by gold or by silver, but by labour, that all the wealth of the world was originally purchased ; and its value, to those who possess it, and who want to exchange it for some new productions, is precisely equal to the quantity of labour which it can enable them to purchase or command."*...
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Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ...

Samuel Read - Economics - 1829 - 444 pages
...by gold or by silver, but by labour, that all the wealth of the world was originally purchased ; and its value, to those who possess it, and who want to exchange it for some new productions, is precisely equal to the quantity of labour which it can enable them to purchase or command."*...
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The Saturday Magazine, Volume 25

Periodicals - 1844 - 288 pages
...by gold or by silver, but by labour, that all the wealth of the world was originally purchased, and its value to those who possess it, and who want to exchange it for some new productions, is precisely equal to the quantity of labour which it can enable them to purchase or command.—...
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View of the Progress of Political Economy in Europe Since the Sixteenth ...

Sir Travers Twiss - Economics - 1847 - 356 pages
...by gold or by silver, but by labour, that all the wealth of the world was originally purchased; and its value, to those who possess it, and who want to exchange it for some new productions, is precisely equal to the quantity of labour, which it can enable them to purchase or...
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View of the Progress of Political Economy in Europe Since the Sixteenth Century

Travers Twiss - Business & Economics - 1847 - 358 pages
...by gold or by silver, but by labour, that all the wealth of the world was originally purchased ; and its value, to those who possess it, and who want to exchange it for some new productions, is precisely equal 168 THE PKOFITS OF STOCE. to the quantity of labour, which it can enable...
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Lectures on the Nature and Use of Money: Delivered Before the Members of the ...

John Gray - Economics - 1848 - 394 pages
...by gold or by silver, but by labour, that all the wealth of the world was originally purchased ; and its value, to those who possess it, and who want to exchange it for some new productions, is precisely equal to the quantity of labour which it can enable them to purchase or command....
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The Collected Works of Dugald Stewart, Volume 8

Dugald Stewart - Economics - 1855 - 490 pages
...by gold or by silver, but by labour that all the wealth of the world was originally purchased ; and its value to those who possess it, and who want to exchange it for some new productions, is precisely equal to the quantity of labour which it can enable them to purchase or command."*...
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