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" Here then we have reached the goal of the present inquiry, and may formulate it thus : the value of a good is measured by the importance of that concrete want, or partial want, which is least urgent among the wants that are met from the available stock... "
The Cause of Business Depressions as Disclosed by an Analysis of the Basic ... - Page 264
by Hugo Bilgram, Louis Edward Levy - 1914 - 531 pages
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Value and Distribution: An Historical, Critical, and Constructive Study in ...

Charles William Macfarlane - Economics - 1898 - 340 pages
...formulate it thus : the value of the good is measured by the importance of that concrete want, or partial want, which is least urgent among the wants that are met from the available stock of similar goods. What determines the value of a good, then, is not its greatest utility, not...
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Some Readings in Economics: Prepared for the Use of Students in Course I ...

Fred Manville Taylor - Economics - 1907 - 242 pages
...formulate it thus : the value of a good is measured by the importance of that concrete want, or partial want, which is least urgent among the wants that are met from the available stock of similar goods. What determines the value of a good, then, is not its greatest utility, not...
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Value and Distribution: A Critical and Constructive Study

Herbert Joseph Davenport - Economics - 1907 - 618 pages
...[Die Grosse des Wertes eines Gutes bemisst sich] by the importance of that concrete want or partial want which is least urgent among the wants that are met from the available stock of similar goods. What determines the value of a good [ist fur seinen Wert massgebend] then,...
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The Journal of Political Economy, Volume 16

Economics - 1908 - 780 pages
...all other forms of service as well. Accordingly, the final utility and, with it the value of lending, is measured by the importance of that concrete want...urgent among the wants that are met from the available stock of preproduction.14 It is here that the theory clashes with the facts of the case. An inquiry...
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A Theory of Interest

Clarence Gilbert Hoag - Interest - 1914 - 248 pages
...formulate it thus : the value of a good is measured by the importance of that concrete want, or partial want, which is least urgent among the wants that are met from the available stock of similar goods. What determines the value of a good, then, is not its greatest utility, not...
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The Positive Theory of Capital, Volume 2

Eugen von Böhm-Bawerk - Capital - 1923 - 476 pages
...formulate it thus : the value of a good is measured by the importance of that concrete want, or partial want, which is least urgent among the wants that are met from the available stock of similar goods. What determines the value of a good, then, is not its greatest utility, not...
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An Introduction to the Theory of Value on the Lines of Menger, Wieser, and ...

William Smart - Austrian school of economics - 1926 - 124 pages
...dependence, as we said, that determines value. We may formulate the proposition thus. The value of a good is measured by the importance of that concrete want which is least urgent among the wants satisfied. And we find that what determines the value of a good is, not its greatest utility, nor its...
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Evolutionary Economics

David Hamilton - Economics - 1970 - 158 pages
...formulate it thus: the value of a good is measured by the importance of that concrete want, or partial want, which is least urgent among the wants that are met from the available stock of similar goods. What determines the value of a good, then is not its greatest utility, not...
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Evolutionary Theory in the Social Sciences: Evolutionary social science

William M. Dugger, Howard J. Sherman - Business & Economics - 2003 - 328 pages
...formulate it thus: the value of a good is measured by the importance of that concrete want, or partial want, which is least urgent among the wants that are met from the available stock of similar goods. What determines the value of a good, then is not its greatest utility, not...
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