Nassau William Senior Quotes
Value denotes a relation reciprocally existing between two objects, and the precise relation which it denotes is the quantity of the one which can be obtained in exchange for a given quantity of the other.
Citations
Senior, Nassau William. An Outline of the Science of Political Economy. W. Clowes and Sons, 1836, p. 14.
Related Quotes
Nassau William Senior, was an English lawyer known as an economist. He was also a government adviser over several decades on economic and social policy on which he wrote extensively.