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 XI. On the Causes of Value

Collection:: Economics Books

OF VALUE. 183 assignable influence, whether mediately or im- mediately, on the mind in the interchange of commodities, may be considered as causes of value. Although, in the subsequent remarks, I may sometimes have to bring into view the mental operations implied in all cases of interchange, yet, to avoid prolixity, instead of speaking of cir- cumstances operating on the mind in regard to any commodity, I shall frequently speak of those circumstances as operating on the commodity itself. While this will save circumlocution, it will not, it is hoped, give rise to ambiguity, as such language will be employed with a tacit reference to the real nature of the occurrence which it is intended to designate. I have already had occasion to remark, that since value is a relation between two objects, it requires no proof that it cannot arise from causes affecting only one of the objects, but from two causes, or two sets of causes respec- tively operating upon the objects between which the relation exists. If A is equal in

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