A critical dissertation on the nature, measures and causes of value

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Monograph

Identifikator:: 1858887097

URN:: urn:nbn:de:zbw-retromon-271916

Document type:: Monograph

Author:: Bailey, Samuel http://d-nb.info/gnd/1055121706

Title:: A critical dissertation on the nature, measures and causes of value

Place of publication:: London

Publisher:: The London School of Economics and Political Science (University of London)

Year of publication:: 1931

Scope:: xxviii, 255 Seiten

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter X. On the Difference between a Measure and a Cause of Value

Collection:: Economics Books

178 A MEASURE AND A CAUSE OF VALUE. tion of 2 commodity in which a definite por- tion of it was embodied *. All that is really meant by a measure of value we have already seen, and what is im- plied by a cause of value will be examined in the following chapter. The object of the pre- ceding brief discussion is not to consider the nature of either, but merely to show the es- sential distinction between the ideas which they involve. * There was a further reason, namely, that the real object which he contemplated in a measure of value was to ascer- tain by it the changes which commodities wight undergo in regard to the quantity of labour required to produce them. Now to use labour itself as a measure implies this object to be already accomplished. Sce Note I.

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