Thesaurus / exchangeability
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Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
QUIZ
Thingamabob or Thingummy: Can You Distinguish Between the US And UK Terms In This Quiz?
START THE QUIZ How to use exchangeability in a sentence
Exchangeability and value are different characteristics of goods.
THE VALUE OF MONEYBENJAMIN M. ANDERSON, JR.But the theory of exchangeability is a separate matter, and cannot be deduced from the theory of value alone.
THE VALUE OF MONEYBENJAMIN M. ANDERSON, JR.It is due Menger to point out that he does not make the distinction between value and exchangeability which I have just made.
THE VALUE OF MONEYBENJAMIN M. ANDERSON, JR.Cf. also Amasa Walker's contention that "exchangeable value" is tautology, equivalent to "exchangeable exchangeability!"
THE VALUE OF MONEYBENJAMIN M. ANDERSON, JR.The former means exchangeability; the latter means force of gravity.
THE VALUE OF MONEYBENJAMIN M. ANDERSON, JR.Value is an essential precondition of exchangeability, but can exist without it.
THE VALUE OF MONEYBENJAMIN M. ANDERSON, JR.It is absolute social value which I am here distinguishing from exchangeability.
THE VALUE OF MONEYBENJAMIN M. ANDERSON, JR.For this presupposes the exchangeability of the component parts.
THE MIND OF THE CHILD, PART IIW. PREYERWORDS RELATED TO EXCHANGEABILITY
Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.