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.
Government experts have estimated that ANWR reserves would only provide enough oil for six months of U.S. oil consumption. In addition, the oil industry itself has estimated that it would take 10 years to bring this oil to the market.
Modern man has no real "value" for the ocean. All he has is the most crass form of egoist, pragmatic value for it. He treats it as a "thing" in the worst possible sense, to exploit it for the "good" of man. The man who believes things are there only by chance cannot give things a real value. But for the Christian the value of a thing is not in itself autonomously, but because God made it.
Most people believe, more or less, that the value of a human life is the same, irrespective of where on the planet it happens to find itself. But, of course, not every life has the same value for us.
Because silver and gold have their value from the matter itself, they have first this privilege, that the value of them cannot be altered by the power of one, nor of a few commonwealths, as being a common measure of the commodities of all places. But base money may easily be enhanced or abased.
The wine itself has aesthetic value; but what it is for a wine to have aesthetic value cannot be understood without making reference to the experience to tasting it
Nothing of value is free. Even the breath of life is purchased at birth only through gasping effort and pain... The best things in life are beyond money; their price is agony and sweat and devotion... and the price demanded for the most precious of all things in life is life itself--ultimate cost for perfect value
With an estimated population of nine billion people by 2050, we cannot continue to consume resources at the same rate and maintain our quality of life.
We cannot diminish the value of one category of human life -- the unborn -- without diminishing the value of all human life . . . there is no cause more important.
A person's worth in this world is estimated according to the value he puts on himself.
An estimated value is a precarious measure of justice, compared with the specific thing.
According to my principles, every master has his true and certain value. Praise and criticism cannot change any of that. Only the work itself praises and criticizes the master, and therefore I leave to everyone his own value.
Money is of no value; it cannot spend itself. All depends on the skill of the spender.
When ancient opinions and rules of life are taken away, the loss cannot possibly be estimated. From that moment, we have no compass to govern us, nor can we know distinctly to what port to steer.
In a world apart from God, the power of denial is absolutely essential if life is to proceed. The will or spirit cannot-psychologically cannot-sustain itself for any length of time in the face of what it clearly acknowledges to be the case. Therefore it must deny and evade and delude itself.
Nothing has value in itself. The consumer confers value on it by seeking to acquire it. Hence, the value of a thing is never objective, but always subjective.