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Quotes About Value

that prevailed before his time. National wealth was measured in terms of a country's stock
~ Adam Smith
Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared. It is their real price; money is their nominal price only.
~ Adam Smith
The things which have the greatest value in use have frequently little or no value in exchange; and, on the contrary, those which have the greatest value in exchange have frequently little or no value in use.
~ Adam Smith
Labour was the first price, the original purchase money 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 it for some new productions, is precisely equal to the quantity of labour which it can enable them to purchase or command.
~ Adam Smith
The market price of every particular commodity is regulated by the proportion between the quantity which is actually brought to market, and the demand of those who are willing to pay the natural price of the commodity, or the whole value of the rent, labour, and profit, which must be paid in order to bring it thither.
~ Adam Smith
The real price of every thing, what every thing really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.
~ Adam Smith
that a single independent workman has stock sufficient both to purchase the materials of his work, and to maintain himself till it be completed. He is both master and workman, and enjoys the whole produce of his own labour, or the whole value which it adds to the materials upon which it is bestowed. It includes what are usually two distinct r
~ Adam Smith
Princes and sovereign states have frequently fancied that they had a temporary interest to diminish the quantity of pure metal contained in their coins; but they seldom have fancied that they had any to augment it.
~ Adam Smith
El precio real de todas las cosas, lo que cada cosa cuesta realmente a la persona que desea adquirirla, es el esfuezo y la fatiga que su adquisición supone.
~ Adam Smith
him to purchase or command. The exchangeable value of every thing must always be precisely equal to the extent of this power which it conveys to its owner.
~ Adam Smith
The things which have the greatest value in use have frequently little or no value in exchange; and, on the contrary, those which have the greatest value in exchange have frequently little or no value in use. Nothing is more useful than water; but it will purchase scarce any thing; scarce any thing can be had in exchange for it. A diamond, on the contrary, has scarce any value in use; but a very great quantity of other goods may frequently be had in exchange for it.
~ Adam Smith
But the value of silver, though it sometimes varies greatly from century to century, seldom varies much from year to year, but frequently continues the same, or very nearly the same, for half a century or a century together.
~ Adam Smith
First, in almost every part of Great Britain there is a distinction, even in the lowest species of labour, between summer and winter wages. Summer wages are always highest. But on account of the extraordinary expense of fuel, the maintenance of a family is most expensive in winter. Wages, therefore, being highest when this expense is lowest, it seems evident that they are not regulated by what is necessary for this expense; but by the quantity and supposed value of the work.
~ Adam Smith
But though, in establishing perpetual rents, or even in letting very long leases, it may be of use to distinguish between real and nominal price; it is of none in buying and selling, the more common and ordinary transactions of human life.
~ Adam Smith
A young widow with four or five young children, who, among the middling or inferior ranks of people in Europe, would have so little chance for a second husband, is there frequently courted as a sort of fortune. The value of children is the greatest of all encouragements to marriage. We cannot, therefore, wonder that the people in North America should generally marry very young.
~ Adam Smith
Such general complaints of the scarcity of money do not always prove that the usual number of gold and silver pieces are not circulating in the country, but that many people want those pieces who have nothing to give for them.
~ Adam Smith
It appears, accordingly, from the experience of all ages and nations, I believe, that the work done by freemen comes cheaper in the end than that performed by slaves.
~ Adam Smith
Even such general complaints of the scarcity of money do not always prove that the usual number of gold and silver pieces are not circulating in the country, but that many people want those pieces who have nothing to give for them.
~ Adam Smith
It was not by gold or by silver, but by labour, that all wealthy of the world was originally purchased.
~ Adam Smith
All money is a matter of belief.
~ Adam Smith
The real price of everything is the toil and trouble of acquiring it.
~ Adam Smith
To be loved equally," I continued, "is somehow to be loved less. To be loved uniquely—for one's own special self—is to be loved as much as we need to be loved.
~ Adele Faber
This is the problem with branding: it has become more important than the thing it purports to brand.
~ Adrian Shaughnessy
graphic design has a cultural and aesthetic value beyond the mere trumpeting of commercial messages.
~ Adrian Shaughnessy