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Subject Area: Economics
Topic: General Treatises on Economics

MEASURE OF THE NATURAL VALUE OF A COMMODITY AT ANY PLACE AND TIME. - Thomas Robert Malthus, Definitions in Political Economy [1827]

Edition used:

Definitions in Political Economy (London: John Murray, 1827).

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MEASURE OF THE NATURAL VALUE OF A COMMODITY AT ANY PLACE AND TIME.

43. The quantity of labour for which it will exchange at that place and time, when it is in its natural and ordinary state.