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" Origin, or Cause, of Value. It is DEMAND. Value is not a quality of an object, but an affection of the mind. The sole Origin, Source, or Cause, of Value is HUMAN DESIRE. When there is a Demand for things, they have Value : when the Demand increases (the... "
Bimetallism - Page 215
de Andrew Jackson Utley - 1899 - 256 pages
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The Principles of Economical Philosophy, Volume 1

Henry Dunning Macleod - 1872 - 712 pages
...it is quite clear that we have now got the true Source, or Origin, or Cause of Value. It is DEMAND. Value is not a quality of an object, but an affection...have Value: when the Demand increases (the Supply being supposed the same), the Value increases; when the Demand decreases, the Value decreases: and...
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the north american

james r - 1873 - 520 pages
...has discussed this subject so clearly elsewhere, that we shall do him justice by further quotation. " Value is not a quality of an object, but an affection of the mind. The sole source and origin of value is human desire. When there is a demand for things, they have value ; when...
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The North American Review, Volume 117

Jared Sparks, Edward Everett, James Russell Lowell, Henry Cabot Lodge - 1873 - 512 pages
...has discussed this subject so clearly elsewhere, that we shall do him justice by further quotation. " Value is not a quality of an object, but an affection of the mind. The sole source and origin of value is human desire. When there is a demand for things, they have value ; when...
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The Theory and Practice of Banking, Volume 1

Henry Dunning Macleod - 1875 - 508 pages
...it is quite clear that we have now got the true Source, or Origin, or Cause, of Value. It is DEMAND. Value is not a quality of an object, but an affection...have Value : when the Demand increases (the Supply being supposed the same), the Value increases ; when the Demand decreases, the Value decreases : and...
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The Elements of Banking

Henry Dunning Macleod - 1877 - 350 pages
...Here it is quite clear that we have got the true Source, or Origin, or CAUSE of Value. It is DEMAND. Value is not a quality of an object, but an affection...Source, or Cause of Value is HUMAN DESIRE. When there is u Demand for things they have Value : when the Demand increases (the Supply being supposed the same),...
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Economics for Beginners

Henry Dunning Macleod - 1878 - 200 pages
...Reciprocal Demand is the Cause of Value. It is quite clear that Demand is the true Source or Cause of Value. Value is not a Quality of an object, but an affection of The General Equation of Economics. 59 the mind. The sole Source or Cause of Value is Human Desire. When...
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The Elements of Economics, Volume 1

Henry Dunning Macleod - 1881 - 452 pages
...object, but it is an Affection of the Mind. Value in Latin is JEstimatio. The sole Origin, Source, and Cause of Value is Human Desire : when there is a Demand...have Value : when the Demand increases (the Supply being supposed the same) the Value increases : when the Demand decreases, the Value decreases : and...
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The Theory and Practice of Banking, Volume 1

Henry Dunning Macleod - 1883 - 592 pages
...object, but it is an Affection of the Mind. Value, in Latin, is sestirnatio. The sole Origin, Source, and Cause of Value is Human Desire : when there is a Demand...have Value : when the Demand increases (the Supply being supposed the same) the Value increases : when the Demand decreases the Value decreases : and...
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Publications - Nebraska State Historical Society

Nebraska State Historical Society - 1894 - 296 pages
...someone else should desire and demand it. ... The sole origin, source and cause of value is htiman desire; when there is a demand for things, they have value. When supply remains stationary and the demand increases, the value increases; when the demand decreases,...
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PRINCIPLES OF THE ECONOMIC PHILOSOPHY OF SOCIETY, GOVERNMENT AND INDUSTRY

VAN BUREN DENSLOW - 1888 - 826 pages
...Here it is quite clear that we have now got the true source or origin or cause of value. It is Demand. Value is not a quality of an object, but an affection...origin, source, or cause of value is Human Desire. (—p. 326). It is value or demand which is the cause of or inducement to labor. Boisguillebert saw...
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