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Look up: exchange-value

  1. Exchange value
    The exchange value is the value of a currency (and other assets, such as foreign money or shares). The exchange value is specified by quoted prices and demand.
    Found on http://www.austrian-mint.com/5

  2. exchange value
    (from the article `Menger, Carl`) Menger also used the subjective theory of value to disprove the Aristotelian view that exchange involves a transaction of equal value for equal ...
    Found on http://www.britannica.com/eb/a-z/e/58

  3. Exchange value
    <b> In political economy and especially Marxian economics, `exchange value` refers to one of four major attributes of a commodity, i.e., an item or service produced for, and sold on the market. The other three aspects are use value, value and price. Thus, a commodity has: These four concepts have...
    Found on http://en.wikipedia.org/wiki/Exchange_va

  4. Exchange Value
    (short story) `"Exchange Value"` (1981) is a short story written by Charles R. Johnson. Set in Chicago, where Johnson himself lived for a time, this story addresses the corrupting power of money and wealth, and the problem of "hoarding," which is accumulating food, money, ...
    Found on http://en.wikipedia.org/wiki/Exchange_Va

  5. exchange-value
    in Marxist social theory, the value of a commodity which is determined by the labour time needed to create it. The term is contrasted with use-value.
    Found on http://www.polity.co.uk/cbs3/PDF/Glos.pd

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11 February 2012

This day in history:
On 11th February, 1858, a 14 year old French peasant girl, Bernadette Soubirous claimed to have seen visions of the Virgin Mary at her native Lourdes. She also revealed that the waters of a spring near a grotto in Lourdes had been given healing powers by the Virgin. Eventually, the Roman Catholic church decided that the visions were authentic. Franz Werfel wrote the novel, Song of Bernadette, based on the story of Bernadette's visions. read more

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