 | Warren Edwin Brokaw - 1927 - 396 sider
...example, it usually cost twice the labor to kill a beaver which it does to kill a deer, one beaver would naturally exchange for, or be worth two deer. It is natural that what is usually the produce of two days' or two hours' labor, should be worth double of what is usually... | |
 | Warren Edwin Brokaw - 1927 - 396 sider
...exchanging them for one another. If among a nation of hunters, for example, it usually cost twice the labor to kill a beaver which it does to kill a deer, one beaver would naturally exchange for, or be worth two deer. It is natural that what is usually the produce... | |
 | Edwin Cannan - 1964 - 480 sider
...circumstance which can afford any rule for exchanging them for one another. If among a nation of hunters, for example, it usually costs twice the labour to...for or be worth two deer. It is natural that what is usually the produce of two days' or two hours' labour, should be worth double of what is usually... | |
 | Maurice Dobb - 1975 - 308 sider
...labour ".J He then takes up Smith's well-known example of the beaver and the deer ("if it usually cost twice the labour to kill a beaver which it does to...should naturally exchange for, or be worth two deer") and declares that the principle which it is used to illustrate, that labour "is really the foundation... | |
 | James M. Buchanan - 1978 - 120 sider
...Bureaucratic Choice Index 103 Cosf in Economic Theory CLASSICAL ECONOMICS "If among a nation of hunters . . . it usually costs twice the labour to kill a beaver which it costs to kill a deer, one beaver should naturally exchange for or be worth two deer." 1 I The classical... | |
 | James M. Buchanan - 1978 - 120 sider
..."If among a nation of hunters . . . it usually costs twice the labour to kill a beaver which it costs to kill a deer, one beaver should naturally exchange for or be worth two deer."1 The classical theory of exchange value is summarized in this statement. Adam Smith was not... | |
 | University of Washington Colloquium in Social Theory - 1981 - 248 sider
...correspond to labor-time ratios. If among a nation of hunters, for example, it usually costs twice the labor to kill a beaver which it does to kill a deer, one...for or be worth two deer. It is natural that what is usually the produce of two days' or two hours' labor should be worth double of what is usually the... | |
 | Patricia Apps - 1981 - 152 sider
...for one another. If among a nation of hunters, for example, it usually costs twice the labour time to kill a beaver which it does to kill a deer, one...should naturally exchange for or be worth two deer [p. 150]. and in contrast he observed: As soon as stock has accumulated in the hands of particular... | |
 | Michio Morishima - 1990 - 268 sider
...producing them. As he quoted from Adam Smith, 'If among a nation of hunters, for example, it usually cost twice the labour to kill a beaver which it does to...should naturally exchange for, or be worth two deer' (p. 13). This primitive labour theory of value, however, does not hold true in a more developed industrial... | |
 | John Eatwell, Murray Milgate, Peter Newman - 1990 - 406 sider
...contention is illustrated by the famous example of the beaver and the deer: If among a nation of hunters, for example, it usually costs twice the labour to...for or be worth two deer. It is natural that what is usually the produce of two days or two hours labour, should be worth double of what is usually the... | |
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If among a nation of hunters, for example, it usually costs twice the labour to kill a beaver which it does to kill a deer, one beaver should naturally exchange for or be worth two deer. It is natural that what is usually the produce of two days or two... 
