On Value

Written by davidricardo | Published 2022/09/07
Tech Story Tags: non-fiction | classic-economics-books | hackernoon-books | project-gutenberg | books | david-ricardo | taxation | on-the-principles-of-political

TLDRIt has been observed by Adam Smith, that "the word Value has two different meanings, and sometimes expresses the utility of some particular object, and sometimes the power of purchasing other goods which the possession of that object conveys. The one may be called value in use; the other, value in exchange. via the TL;DR App

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Written by davidricardo | On The Principles of Political Economy, and Taxation
Published by HackerNoon on 2022/09/07