The book The Economics of Enterprise was written by author Herbert Joseph Davenport Here you can read free online of The Economics of Enterprise book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Economics of Enterprise a good or bad book?
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— But is this the same thing as saying that they are equal in value ? And in what sense is it the same thing? Obviously, since price is an exchange rela- tion, it must thereby be also a value relation ; two things may have the same price value — may be equal in their command of money. But is nothing more than this implied in an equality of value? If a horse exchanges for a cow, there is here in the very terms of the case an equality ; the horse buys the cow or the cow the horse. But does this e...quality in value imply more than the mere fact of exchange, that one thing buys the other ? Is it also asserted or implied that the value of the cow is one quantity or sum of value, and that this quantity or sum is equal to the quantity or sum of value which is in the horse — that horse and cow have each a value of its own, characteristic of it, intrinsic in it, attaching to it, possessed by it — a quality or attribute, a quantitative something, precisely as great as the same sort of quantitative something belonging to the other — this quantitative equality of the two thus underlying and explaining the fact that they exchange one against the other?
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