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The Economic Basis of the Problem of Evil

Published online by Cambridge University Press:  03 November 2011

Thomas N. Carver
Thomas N. Carver
Affiliation:
Harvard University
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Extract

Whatever else it may mean in art or morals, there is no doubt whatever that in economics the word value means power in exchange and nothing more. It is the power which an article possesses of commanding other desirable things in peaceful and voluntary exchange. Why a thing has this power is the first problem in economic value.

Type
Research Article
Information
Harvard Theological Review , Volume 1 , Issue 1 , January 1908 , pp. 97 - 111
Copyright
Copyright © President and Fellows of Harvard College 1908

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References

1 Cf. the article by the writer on “The Economic Interpretation of the Pall of Man,” in the Bibliotheca Sacra for July, 1900.