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" Labour was the first price, the original purchasemoney that was paid for all things. It was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased; and its value, to those who possess it, and who want to exchange... "
Blackwood's Edinburgh Magazine - Page 172
1856
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The Saturday Magazine, Volume 25

1844 - 288 pages
...is supposed at the time to contain the value of an equal quantity. Labour was the first price, the original purchase-money that was paid for all things....wealth of the world was originally purchased, and its value to those who possess it, and who want to exchange it for some new productions, is precisely...
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View of the Progress of Political Economy in Europe Since the Sixteenth ...

Sir Travers Twiss - 1847 - 356 pages
...is supposed at the time to contain the value of an equal quantity. Labour was the first price, the original purchase-money that was paid for all things....wealth of the world was originally purchased; and its value, to those who possess it, and who want to exchange it for some new productions, is precisely...
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View of the Progress of Political Economy in Europe Since the Sixteenth Century

Travers Twiss - 1847 - 358 pages
...is supposed at the time to contain the value of an equal quantity. Labour was the first price, the original purchase-money that was paid for all things....wealth of the world was originally purchased ; and its value, to those who possess it, and who want to exchange it for some new productions, is precisely...
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Lectures on the Nature and Use of Money: Delivered Before the Members of the ...

John Gray - 1848 - 370 pages
...is the real measure of the exchangeable value of all commodities. " Labour was the first price, the original purchasemoney that was paid for all things....wealth of the world was originally purchased ; and its value, to those who possess it, and who want to exchange it for some new productions, is precisely...
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Public Economy for the United States

Calvin Colton - 1848 - 556 pages
...Stronger still, and more direct, he says : " Labor was the first price, the original purchase money that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased." Doctor Wayland says : " It is clear,...
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The Principles of Political Economy: With Some Inquiries Respecting Their ...

John Ramsay McCulloch - 1849 - 686 pages
...source of wealth, because it supplies the matter of commodities. " Labour was the first price, the original purchase-money that was paid for all things....labour, that all the wealth of the world was originally purchased."1 Those who observe the progress and trace the history of the human race, in different countries...
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The Principles of Political Economy

John R. McCulloch - 1849 - 682 pages
...source of wealth, because it supplies the matter of commodities. " Labour was the first price, the original purchase-money that was paid for all things....labour, that all the wealth of the world was originally purchased."1 Those who observe the progress and trace the history of the human race, in different countries...
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Versuch einer kritik der gründe die für grosses und kleines grundeigenthum ...

Theodor von Bernhardi - 1849 - 680 pages
...Silber, mit Arbeit ist aller Reichthum der Welt erworben worden — {Labour was die ßrst price, tiie original purchase-money, that was paid for all things. It was not by gold and by silver, but by labour that all the wealth of. the world was originally purchased') Und damit...
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The Collected Works of Dugald Stewart, Volume 8

Dugald Stewart - 1855 - 490 pages
...supposed, at the time, to contain the value of an equal quantity. Labour was the first price ; the original purchase-money that was paid for all things....wealth of the world was originally purchased ; and its value to those who possess it, and who want to exchange it for some new productions, is precisely...
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The Collected Works of Dugald Stewart: Lectures on political economy ... To ...

Dugald Stewart - 1855 - 496 pages
...supposed, at the time, to contain the value of an equal quantity. Labour was the first price ; the original purchase-money that was paid for all things....wealth of the world was originally purchased ; and its value to those who possess it, and who want to exchange it for some new productions, is precisely...
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