TEXT ❖ BASE
John Stuart Mill — Principles of Political Economy
John Stuart Mill
Principles of Political Economy
Exchange
Of Value
Chapter I.
Of Value
§ 1. Definitions of Value in Use, Exchange Value, and Price.
§ 2. Conditions of Value: Utility, Difficulty of Attainment, and Transferableness.
§ 3. Commodities limited in Quantity by the law of Demand and Supply: General working of this Law.
§ 4. Miscellaneous Cases falling under this Law.
§ 5. Commodities which are Susceptible of Indefinite Multiplication without Increase of Cost. Law of their Value Cost of Production.
§ 6. The Value of these Commodities confirm, in the long run, to their Cost of Production through the operation of Demand and Supply.