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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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Pricing on Purpose: Creating and Capturing Value

Ronald J. Baker - 2010 - 402 str.
...so-called "diamond-water paradox," which Smith explained in Chapter 4 of Book I of Wealth of Nations: "Nothing is more useful than water: but it will purchase scarce anything. ... A diamond, on the contrary, has scarce any value in use; but a very great quantity of other goods...
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Public Values and Public Interest: Counterbalancing Economic Individualism

Barry Bozeman - 2007 - 228 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. One can only speculate as to what Smith would have made of today's prices for bottled "designer" water,...
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Washing the Brain: Metaphor and Hidden Ideology

Andrew Goatly - 2007 - 464 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...value in use; but a very great quantity of other goods can be had in exchange for it (p. 35). Indeed, exchange value and use value are often inversely related....
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Wealth of Nations

Adam Smith - 2007 - 597 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, In order to investigate the principles which regulate the exchangeable value of commodities, I shall...
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Mirage: Florida and the Vanishing Water of the Eastern U.S.

Cynthia Barnett - 2007 - 260 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."rz In other words, why do we give our most valuable resource away for practically nothing and pay...
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Wildlife Science: Linking Ecological Theory and Management Applications

Timothy E. Fulbright, David G. Hewitt - 2007 - 384 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...A diamond, on the contrary, has scarce any value; but a very great quantity of other goods may frequently be had in exchange for it. This has become...
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - 2007 - 513 str.
...in ufe. Nothing is more ufeful than water ; but it will purchafe fcarce any thing ; fcarce any thing can be had in exchange for it. A diamond, on the contrary, has fcarce any value in ufe; but a very great quantity of other goods may frequently be lad in exchange...
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The Economics of Intercollegiate Sports

Randy R. Grant, John Leadley, Zenon X. Zygmont - 2008 - 562 str.
...economists including Adam Smith. In Smith's The Wealth of Nations (Book I, Chapter IV, I 13), he wrote that "Nothing is more useful than water; but it will purchase...other goods may frequently be had in exchange for it." The question Smith was asking is simple: why is the price of water so cheap and the price of diamonds...
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The Real Price of Everything: Rediscovering the Six Classics of Economics

Michael Lewis - 2007 - 1476 str.
...in use. Nothing is more useful than water; but it will purchase scarce any thing; scarce any thing y it out of his hand, cannot, for any considerable...in the long-run, be advanced to him by his immediat In order to investigate the principles which regulate the exchangeable value of commodities, I shall...
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