Labour, like commodities, may be said to have a real and a nominal price. Its real price may be said to consist in the quantity of the necessaries and conveniencies of life which are given for it; its nominal price, in the quantity of money. #AdamSmith

- February 09, 2023

Labour, like commodities, may be said to have a real and a nominal price. Its real price may be said to consist in the quantity of the necessaries and conveniencies of life which are given for it; its nominal price, in the quantity of money. #AdamSmith
— English Quotes (@english_quotes) Feb 9, 2023

Search This Blog

English Quotes

Labour, like commodities, may be said to have a real and a nominal price. Its real price may be said to consist in the quantity of the necessaries and conveniencies of life which are given for it; its nominal price, in the quantity of money. #AdamSmith

Comments

Post a Comment

Popular posts from this blog

The most hopeful and therefore romantic thing we can ever do in relationships is sometimes to declare that we haven't yet learnt how to love--but, with a little help, are keen to learn one day. #TheSchoolOfLife

...as a result of always asking others what we are and never daring to put the question to ourselves in the midst of so much philosophy, humanity, civility and so many sublime maxims, we have only fa蓷des, deceptive and frivolous, honour without virtue... #JeanJacquesRousseau

Recognizing that every single person, you and me included, comes with his or her own bag of beliefs that should be challenged by others. The power of diversity helps our team avoid biases, make better decisions, and think more creatively. #JulieZhuo