Geschichte der volkswirtschaftlichen Lehrmeinungen

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Monograph

Identifikator:: 1029261784

URN:: urn:nbn:de:zbw-retromon-50039

Document type:: Monograph

Author:: Gide, Charles http://d-nb.info/gnd/117543985; Rist, Charles http://d-nb.info/gnd/172332966

Title:: Geschichte der volkswirtschaftlichen Lehrmeinungen

Edition:: Zweite Auflage / nach der dritten französischen Ausgabe herausgegeben von Franz Oppenheimer

Place of publication:: Jena

Publisher:: Verlag von Gustav Fischer

Year of publication:: 1921

Scope:: 1 Online-Ressource (XX, 804 Seiten)

Digitisation:: 2018

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Erstes Buch. Die Begründer

Collection:: Economics Books

GU ON THE VALUE the paradoxes into which he falls, has not failed to drive this doctrine of the value of la- bour to an extravagant result. “ Wages,” says he, “are at a high real value, when it requires much labour to produce wages; and at a low real value, when it requires little labour to produce wages: and it is perfectly consistent with the high real value—that the labourer should be almost starving; and perfectly con- sistent with the low real value—that the la- bourer should be living in great ease and com- fort *.” Well might the author’s friend Philoebus exclaim at this extraordinary passage, “ this may be true: but you must allow, that it sounds extravagant.” Let us examine it by the test before given: let us ask, value in what? If the labourer is starving, in relation to what is his labour of high value? In relation to corn? If so, he would obtain a large quantity of corn in ex- London Magazine for May 1824, p. 557.

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