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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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An Introduction to the Theory of Value on the Lines of Menger, Wieser, and ...

William Smart - 1926 - 124 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 This passage, like much else in Adam Smith, does...
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Problems, Cases and Questions in Economics: A Manual to Accompany "Economics ...

Lionel Danforth Edie, Benjamin Palmer Whitaker - 1927 - 184 str.
...? Why or why not ? (d) Are there any exceptions to the law as applied to an individual article ? 6. "Nothing is more useful than water; but it will purchase scarce anything," writes Adam Smith, "scarce anything can be had in exchange for it. A diamond, on the contrary, has...
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A Review Of Economic Theory

Edwin Cannan - 1964 - 480 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 " (Vol. I. p. 30). Then at the beginning of the next chapter (Book I. chap, v) he says that the value...
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An Inquiry into the Nature and Causes of the Wealth of Nations

Adam Smith - 2008 - 1148 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,...other goods may frequently be had in exchange for it.1 Three questions, In order to investigate the principles which regulate the exchangeable value...
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The Evolution of Economic Ideas

Phyllis Deane - 1978 - 260 str.
...and on the contrary, those which have the greatest value in exchange have frequently no value in use. Nothing is more useful than water, but it will purchase...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...
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A Dialogue on Comparable Worth

Michael Evan Gold - 1983 - 124 str.
...in use. Nothing is more useßil than water: but it will purchase scarce any thing; scarce any thing can be had in exchange for it. A diamond, on the contrary,...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...
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The New Palgrave: Utility and Probability

John Eatwell, Murray Milgate, Peter Newman - 1990 - 340 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,...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,...
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Danish Yearbook of Philosophy Vol. 26

David Favrholdt - 1991 - 116 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".11 In the short run the values in exchange, the relative prices, are determined by supply and demand,...
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Cultural Capital: The Problem of Literary Canon Formation

John Guillory - 1993 - 422 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.18 It is a historical fact that this distinction founds political economy, as such, as a discourse...
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Adam Smith: Critical Assessments, Svazek 3

John Cunningham Wood - 1993 - 664 str.
...op. cit.. p. 650. Adam Smith's "few words," in fact, have a homelier ring than those ascribed to him. "Nothing is more useful than water; but it will purchase...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...
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