Edward Coke Quotes

Something is worth what somebody will pay for it. Nothing else, nothing more, nothing less.

In stating the principles which regulate exchangeable value and price, we should carefully distinguish between those variations which belong to the commodity itself, and those which are occasioned by a variation in the medium in which value is estimated, or price expressed.

The realistic value of a work is completely independent of its properties in terms of content.

Everything is for sale if the price is right.

So far no chemist has ever discovered exchange-value either in a pearl or a diamond.

The quantity of money, which is readily parted with to obtain a thing is called its price.

The object of the law of value is to elucidate the actual exchange relations of commodities.

Practically and commercially speaking, a dollar is not necessarily a specific thing, made of silver, or gold, or any other single metal, or substance. It is only such a quantum of market value as exists in a given piece of silver or gold.

The value of a currency is, ultimately, what someone will give you for it - whether in food, fuel, assets, or labor. And that's always and everywhere a subjective decision.

Value is consequently the necessary theoretical starting point whence we can elucidate the peculiar phenomenon of prices resulting from capitalist competition.

Value is what people are willing to pay for it.

I don't know whether you have done your calculations but, about two or three years back, I did a first assessment of what the first successful device would be worth and it came out at about 300 trillion dollars.

The exchangeable value of all commodities, rises as the difficulties of their production increase.

Value manifests itself as exchange value, as a quantitatively determined relationship, in virtue of the fact that one commodity can be exchanged for another.

The money wanted by the public must be purchased at its market price.

The value of money comes from the private sector in the form of price for product, services rendered, what people are willing to pay for something they want or need. That's where value happens. Government has nothing to do with that.

Everything does not have to be a commodity.

Valuation is what people are willing to pay.

Price, taken by itself, is nothing but the monetary expression of value.

We cannot tell by looking at the diamond that it is a commodity. When it serves as a use-value, asthetic or mechanical, on the breast of a harlot, or in the hand of a glasscutter, it is a diamond and not a commodity.

Art is only worth what people will pay for it. Artists do not get paid by the hour.

I judge property myself by its net earning power; that is the only rule I have been able to get.... This whole island [Manhattan] was once bought for a few strings of beads. But now you will find this property valued by its earning power, by its rent power, and that is the way to value a railroad or telegraph.

It is not that pearls fetch a high price because men have dived for them; but on the contrary, men have dived for them because they fetch a high price.

Possessing utility, commodities derive their exchangeable value from two sources: from their scarcity, and from the quantity of labour required to obtain them.

The value of a thing is what that thing will bring. -Legal Maxim