[36237] in Discussion of MIT-community interests
Go anywhere; you want... To Sail.
daemon@ATHENA.MIT.EDU (Lease a Yacht)
Mon Mar 2 11:27:14 2015
To: <mit-talk-mtg@charon.mit.edu>
Date: Mon, 2 Mar 2015 11:27:13 -0500
From: "Lease a Yacht" <LeaseaYacht@popole.eu>
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<p>proportion to the quantity of labour it will command, however its value may have QRR been affected by profits, rents, taxes, monopolies, or the accidental </p>
<BR /><BR /><span style="font-family: Tahoma, sans-serif, Helvetica, Arial; font-size: 8px; color: #ffffff;"></span>
<p>state of its supply compared KMQV with the demand. Seventhly: It has been stated that the values of commodities must be proportioned to the causes UVCA of value operating upon them. The author of the
Critical Dissertation has a chapter on the causes of value, and, at<b>the conclusion of it, adverting to the variety UOXTXF 7ea99ed1b6714702bd5343b786c98bee of</b>considerations operating upon
the<B>human ITJF [220] mind, which he thinks have been overlooked by political economists,</B>he 7ea99ed1b6714702bd5343b786c98bee observes, “these considerations are the causes of value; and
the attempt to proportion the quantities HVRBYRWC in which commodities are exchanged for each other to 7ea99ed1b6714702bd5343b786c98bee the degree in which one of these considerations exists,
must be 7ea99ed1b6714702bd5343b786c98bee vain and ineffectual. All, in reality, that can be accomplished on this subject, is to ascertain the various causes of value; and, when this </p>
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<p>is done, we may always infer, YYUQQFFH from an increase or diminution of any of them, EAFGDDW an increase or diminution of the effect.”* These remarks, it must be allowed, are justly applicable to those who
propose to measure the values of commodities by BWUIHQRMA the quantity of labour actually bestowed upon them; but in no degree to those who propose to
measure them by 7ea99ed1b6714702bd5343b786c98bee 7ea99ed1b6714702bd5343b786c98bee the quantity of labour which they will command. We have already shown that the labour PHBQYATAY which commodities will command measures that
paramount cause of value which includes every other; 7ea99ed1b6714702bd5343b786c98bee namely, the state of the supply as compared [221] with the demand. 7ea99ed1b6714702bd5343b786c98bee Whatever may be the number
and variety of considerations operating on the mind in QSQW the interchange of commodities, whether merely the XADBGJ common elementary his of production, or
whether these his have been variously modified by taxes, by portions<b>of rent, by monopolies strict or partial,</b>and EJIHGFPO by temporary scarcity or
abundance, the VKDYCKATL BPN result of the whole must appear in the state of the supply compared with the demand; and in the case of an individual article, the
supply of 7ea99ed1b6714702bd5343b786c98bee which may be considered as given, the demand must CGGSFHVIK be proportioned to the 7ea99ed1b6714702bd5343b786c98bee sacrifice which the purchasers are able and, under all the </p>
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<p align="right" style="font: 11px;">circumstances, willing to make in order to attain it. But it has already been shown that it is the command of labour which the purchasers are able and willing to transfer to the sellers, and not any 7ea99ed1b6714702bd5343b786c98bee
particular commodity, except in proportion as it will command labour, that can alone represent the sacrifice of the purchasers. The labour, therefore, CTQNCX
which a commodity will command, or which the purchasers are willing to give for it, measures [222] the result of all the causes of value acting upon 7ea99ed1b6714702bd5343b786c98bee </p>
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<p>it,—of all the various considerations operating upon the mind in the interchange of commodities. Whether then we consider the value of a commodity at any place and time as 7ea99ed1b6714702bd5343b786c98bee
expressed by the estimation in 7ea99ed1b6714702bd5343b786c98bee which it is held; whether 7ea99ed1b6714702bd5343b786c98bee we consider it as founded entirely on the state of the supply as compared with the demand;
whether we VHPMGCQF consider it as determined by the sacrifice which people are willing to make in order to obtain it; or by the natural and necessary .</p>
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