Like All Other Contracts, Wages Should Be

To Alter The Money Value Of Commodities, By Altering The Value Of Money, And Yet To Raise The Same Money Amount By Taxes, Is Then Undoubtedly To Increase The Burthens Of Society.

Utility Then Is Not The Measure Of Exchangeable Value, Although It Is Absolutely Essential To It.

It Is Not By The Absolute Quantity Of Produce Obtained By Either Class, That We Can Correctly Judge Of The Rate Of Profit, Rent, And Wages, But By The Quantity Of Labour Required To Obtain That Produce.

Whether A Bank Lent One Million, Ten Million, Or A Hundred Millions, They Would Not Permanently Alter The Market Rate Of Interest; They Would Alter Only The Value Of The Money They Issued.

Possessing Utility, Commodities Derive Their Exchangeable Value From Two Sources: From Their Scarcity, And From The Quantity Of Labour Required To Obtain Them.