The equation which always holds in the case of a normal exchange is an equation not of labour, but of abstract utility, significantly called worth.

— Philip Wicksteed The Marxian Theory of Value: Das Kapital: A Criticism (1884)

More quotes by Philip Wicksteed

The Scope and Method of Political Economy in the Light of the 'Marginal' Theory of Value and Distribution (1914)

The Common Sense of Political Economy (1910)

The Common Sense of Political Economy (1910)

The Marxian Theory of Value: Das Kapital: A Criticism (1884)

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