#exchange

If a commodity were in no way useful, - in other words, if it could in no way contribute to our gratification, - it would be destitute of exchangeable value, however scarce it might be, or whatever quantity of labour might be necessary to procure it. ↗

— David Ricardo

#contribute #could #destitute #exchangeable #exchangeable value

If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of the quantity of labour must augment the value of that commodity on which it is exercised, as every diminution must lower it. ↗

— David Ricardo

#commodities #commodity #diminution #every #exchangeable

In stating the principles which regulate exchangeable value and price, we should carefully distinguish between those variations which belong to the commodity itself, and those which are occasioned by a variation in the medium in which value is estimated, or price expressed. ↗

— David Ricardo

#between #carefully #commodity #distinguish #estimated

The exchangeable value of all commodities, rises as the difficulties of their production increase. ↗

— David Ricardo

#difficulties #exchangeable #exchangeable value #increase #production

Our research led on to other things, such as the fact that exchange rates are not lognormally distributed. ↗

— John Hull

#exchange #fact #led #other #our

Value denotes a relation reciprocally existing between two objects, and the precise relation which it denotes is the quantity of the one which can be obtained in exchange for a given quantity of the other. ↗

— Nassau William Senior

#denotes #exchange #existing #given #objects

As for the long-term future: I am prepared to see in this a vision, not a mystical way but in a realistic way, of a population exchange on a much more important scale and including larger territories. ↗

— Moshe Sharett

#exchange #future #i #i am #important

A Rook is of the value of five Pawns and a fraction, and may be exchanged for a minor Piece and two Pawns. Two Rooks may be exchanged for three minor Pieces. ↗

— Howard Staunton

#five #fraction #may #minor #pawns

When I can look life in the eyes, grown calm and very coldly wise, life will have given me the truth, and taken in exchange - my youth. ↗

— Sara Teasdale

#calm #coldly #exchange #eyes #given

Emotional intelligence begins to develop in the earliest years. All the small exchanges children have with their parents, teachers, and with each other carry emotional messages. ↗

— Daniel Goleman

#carry #children #develop #each #earliest