...to contain the value of an equal quantity. Labor was the first price, the original purchase-money, that was paid for all things. It was not by gold or silver, but by labor that all the wealth of the world was originally purchased, and its value to those...

...first great text-book of political economy: "Labor was the first price, the original purchase-money, that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased." Labor gives worth to all things...

...thing really costs to the roan who wants to acquire it, is the toil and trouble of acquiring it Labor was the first price, the original purchase money, that was paid for all things." Mr. Jevons says: " This celebrated passage might not prove to be so entirely true as It would at first...

...thing really costs to the man who wants to acquire it, is the toil and trouble of acquiring it Labor was the first price, the original purchase money, that was paid for all things." Mr. Jevons says: " This celebrated passage might not prove to be so entirely true as it would at first...

...time to contain the value of an equal quantity. Labor was the first price, the original purchase-money that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased ; and its value, to those who possess...

...propositions can win acceptance. Let us see what Adam Smith, and after him, Eicardo, says further. " Labour was the first price — the original purchase money that was paid for all things." This proposition is comparatively inoffensive, but it has no bearing on the principle of value. " In...

...money or with goods is purchased by labor as much as what we acquire by the toil of our own body. Labor was the first price, the original purchase money that...all things. It was not by gold or by silver, but by labor that all the wealth of the world was originally purchased. Labor, therefore is the real measure...

...which we exchange for what is supposed at the time to contain the value of an equal quantity. Labor was the first price, the original purchase money that...all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased ; and its value, to those who possess...

...to contain the value of an equal quantity. Labour was the first price, the original purchase-money, that was paid for all things. It was not by gold or silver, but by labour, that all the wealth of the world was originally purchased ; and its value to...

...the real measure of the exchangeable value of all commodities. . . . Labor was the first price paid, the original purchase money that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth in the world was originally purchased." i McCulloch says, " The cost or...