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Quote#Work

Possessing utility, commodities derive their exchangeable value from…

Quote byDavid Ricardo · 1772–1823

Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter I, Section I, On Value, p. 5.

English (original)

Possessing utility, commodities derive their exchangeable value from two sources: from their scarcity, and from the quantity of labour required to obtain them.

— David Ricardo

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