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Front Page  Titles (by Subject) VALUE, OR VALUE IN EXCHANGE. - Definitions in Political Economy
VALUE, OR VALUE IN EXCHANGE. - Thomas Robert Malthus, Definitions in Political Economy [1827]Edition used:Definitions in Political Economy (London: John Murray, 1827).
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- Preface.
- Definitions In Political Economy.
- Chapter I.: Rules For the Definition and Application of Terms In Political Economy.
- Chapter II.: On the Definition of Wealth By the French Economists.
- Chapter III.: On the Definition and Application of Terms By Adam Smith.
- Chapter IV.: Application of the Term Utility By M. Say.
- Chapter V.: On the Definition and Application of Terms By Mr. Ricardo.
- Chapter VI.: On the Definition and Application of Terms By Mr. Mill, In His “elements of Political Economy.”
- Chapter VII.: On the Definition and Application of Terms, By Mr. Macculloch, In His “principles of Political Economy.”
- Chapter VIII.: On the Definition and Use of Terms By the Author of “a Critical Dissertation On the Nature, Measure, and Causes of Value.”
- Chapter IX.: Summary of the Reasons For Adopting the Subjoined Definition of the Measure of Value.
- Chapter X.: Definitions In Political Economy.
- Wealth.
- Utility.
- Value,
- Value In Use,
- Value, Or Value In Exchange.
- Production.
- Product, Produce.
- Sources of Wealth.
- Land.
- Labour.
- Productive Labour.
- Unproductive Labour.
- Industry.
- Stock.
- Capital.
- Fixed Capital.
- Circulating Capital.
- Revenue.
- Accumulation of Capital.
- Saving,
- Rent of Land.
- Money-rent of Land.
- Gross Surplus of the Land.
- Wages of Labour.
- Nominal Wages.
- Real Wages.
- The Rate of Wages.
- The Price of Labour,
- The Amount of Wages.
- The Price of Effective Labour.
- Accumulated Labour.
- Profits of Stock.
- The Rate of Profits.
- The Interest of Money.
- The Profits of Industry, Skill, and Enterprise.
- Monopoly Profits.
- Conditions of the Supply of Commodities.
- Elementary Costs of Production.
- Measure of the Conditions of the Supply, Or of the Elementary Costs of Production.
- The Value, Market Value, Or Actual Value, of a Commodity At Any Place Or Time.
- The Natural Value of a Commodity At Any Place and Time.
- Measure of the Market Or Actual Value of a Commodity At Any Place Or Time.
- Measure of the Natural Value of a Commodity At Any Place and Time.
- The Price, the Market Price, Or Actual Price of a Commodity At Any Place and Time.
- The Natural Price of a Commodity At Any Place and Time.
- Supply of Commodities.
- Demand For Commodities,
- Demand In Regard to Its Extent.
- Demand In Regard to Its Intensity.
- Effectual Demand, In Regard to Its Extent.
- Effectual Demand, In Regard to Its Intensity.
- Measure of the Intensity of the Effectual Demand.
- Excess of the Demand Above the Supply.
- Excess of the Supply Above the Demand, Or Partial Glut.
- General Glut.
- A Given Demand.
- Variations of Prices and Values.
- Consumption.
- Productive Consumption.
- Unproductive Consumption, Or Spending.
- Chapter XI.: Observations On the Definitions.
VALUE, OR VALUE IN EXCHANGE.
5. The relation of one object to some other, or others in exchange, resulting from the estimation in which each is held. When no second object is specified, the value of a commodity naturally refers to the causes which determine this estimation, and the object which measures it.
Value is distinguished from wealth in that it is not confined to material objects, and is much more dependent upon scarcity and difficulty of production.
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