An exchange simply means that each party gives to the other equal value for equal value, and even if it were possible for one of them to make a gain in value to-day-to get a more valuable thing for a less valuable thing-still, as all the world is buyer and seller in turn, they would lose to-morrow as buyers what they gained to-day as sellers, and the old level of value would be restored.
"Contemporary Socialism"
John Rae
The most typical examples of this sort of legislation are the intervention of the State between buyer and seller, between landlord and tenant, between employer and labourer, for the judicial determination of a fair price, a fair rent, or fair wages, or for the regulation of the conditions of labour, and tenure of land.
"Contemporary Socialism"
John Rae
The buyer gains much by being open and above board with the seller.
"Dollars and Sense"
Col. Wm. C. Hunter
