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" 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 will... "
Investment Titans: Investment Insights from the Minds that Move Wall Street - Strana 126
autor/autoři: Jonathan Burton - 2000 - 278 str.
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Economics

Frank Wilson Blackmar - 1907 - 564 str.
...exchange have little or no value in use. Nothing is more useful than water; it will purchase scarcely anything, scarce anything can be had in exchange for...scarce any value in use, but a very great quantity of goods may frequently be had in exchange for it." While it was evidently not intended by the author...
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Outlines of Economics

Richard Theodore Ely - 1908 - 746 str.
...serves its purpose." World's Work, June, 1906, p. 7597. 5. Comment on the following words of Adam Smith: "Nothing is more useful than water; but it will purchase...scarce any value in use, but a very great quantity of goods may frequently be had in exchange for it." Wealth of Nations, Book I, Chap. IV. 6. Point out...
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - 1909 - 644 str.
...in use. Nothing is 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,...use; but a very great quantity of other goods may frequendy be had in exchange for it. In order to investigate the principles which regulate the exchangeable...
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Outlines of Economics

Richard Theodore Ely - 1910 - 730 str.
...serves its purpose." World's Work, June, 1906, p. 7597. 5. Comment on the following words of Adam Smith: "Nothing is more useful than water; but it will purchase...scarce any value in use, but a very great quantity of goods may frequently be had in exchange for it." Wealth of Nations, Book I, Chap. IV. 6. Point out...
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Welfare as an Economic Quantity

George Pendleton Watkins - 1915 - 228 str.
...or no utility.1 Adventi1 Wealth of Nations, book i, chap, iv, p. 30, of Caiman's edition: "A diamond has scarce any value in use; but a very great quantity...other goods may frequently be had in exchange for it." Bohm-Bawerk criticizes this point of view on p. 153 of the Positive Theory of Capital (translation),...
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Welfare as an Economic Quantity

George Pendleton Watkins - 1915 - 232 str.
...utility.1 Adventif ( 1 Wealth of Nations, book I, chap. iv, p. 30, of Cannan's edition: "A diamond has scarce any value in use; but a very great quantity...other goods may frequently be had in exchange for it." Bohm-Bawerk criticizes this point of view on p. 153 of the Positive Theory of Capital (translation),...
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Outlines of Economics

Richard Theodore Ely, Thomas Sewall Adams, Max Otto Lorenz, Allyn Abbott Young - 1916 - 812 str.
...serves its purpose." World's Work, June, 1006. 6. Comment on the following words of Adam Smith : " Nothing is more useful than water; but it will purchase...scarce any value in use, but a very great quantity of goods may frequently be had in exchange for it." Wealth of Nations, Book I, Chap. iv. REFERENCES BOHM-BAWERK,...
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Principles of Economics

Henry Rogers Seager - 1917 - 702 str.
...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 will purchase...other goods may frequently be had in exchange for it." The fallacy in this reasoning is obvious. The logical contrast is not between the value of water in...
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A Text-book of Economics

Milton Briggs - 1921 - 552 str.
...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 will purchase...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...
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Valuation of Oil and Gas Lands

Robert Wesley Brown - 1924 - 236 str.
...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 will purchase...scarce any value in use, but a very great quantity of goods may frequently be had in exchange for it.1 Value in Exchange. — Value in exchange may be measured...
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