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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250 NOTES AND ILLUSTRATIONS. variableness of cost, or invariableness in the circumstances of production; and what would be measured by it would be that cost, or those circumstances, and not value. NOTE E (page 133). The reasoning in the text shows, that on the supposition that commeditities were to each other in value as the quan- tities of labour required to produce them, any commodity produced by labour alone, however variable the quantity of that labour, would enable us to ascertain all that Mr. Ri- cardo regards as to be derived exclusively from a commo- dity produced by an invariable quantity of labour; pro- vided a register were kept of the varying quantities of the producing labour required. In both cases, the prices of the standard (if we may so call it) at different periods, would be equally necessary. In the one case, the circum- stance of invariableness in the labour expended would save the trouble of keeping such a register, and simplify our calculations ; but in the other case, the result would be attained, if not with equal ease, at least with equal cer- tainty. NOTE F (page 150). The author of the Templars’ Dialogues has also exa- mined this table, but it appears to me that he has fallen

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