...man, but which acquires fuch an ellimatior. from his opinion of it, as to become the univerfal meafure of what is called value, and an adequate equivalent for any thing alienahje." Political (Economy, Book ff chap. 6. t Vide his Obfervatione on National Induftry. " Found...

...people who have property ; the use of coin is to avoid giving credit to people who have none.' — ' Com has a value independent of its denomination, which...as an equivalent value for food and necessaries.' In another place, he pronounces money to be ' imaginary wealth.' » Wealth of Nations, BICV Again,...

...man, but which acquires fuch an eftimation from his opinion of it, as to become the univerfal meafure of what is called value, and an adequate equivalent for any thing alienable." The name of any man, how great foever, will not have much weight with me, when I perceive that in any...

...expenditure, the question of money is closely linked with that of luxury. Steuart then defines money as: any commodity, which purely in itself is of no material...what is called value, and an adequate equivalent for anything alienable. (Steuart 1966: 44) Money is defined by its economic functions and without reference...

...I, Kapitel VI, Band l, S. 32. „By MONEY, I understand any commodity, which purely in itselfis ofno material use to man ..., but which acquires such an...and an adequate equivalent for any thing alienable." 18 J. STEUART, An Inquiry into the Principles ofPolitical Oeconomy: Being an Essay on the Science of...