If a commodity were in no way useful, - in other words, if it could in no way contribute to our gratification, - it would be destitute of exchangeable value, however scarce it might be, or whatever quantity of labour might be necessary to procure it.
David RicardoAbout author
- Author's profession: Economist
- Nationality: british
- Born: April 18, 1772
- Died: September 11, 1823