“ The value of all things contracted for, is measured by the Appetite of the Contractors: and therefore the just value, is that which they be contented to give. ”
Thomas Hobbes, Leviathan (1651). copy citation
| Author | Thomas Hobbes |
|---|---|
| Source | Leviathan |
| Topic | justice value content appetite |
| Date | 1651 |
| Language | English |
| Reference | |
| Note | |
| Weblink | http://www.gutenberg.org/files/3207/3207-h/3207-h.htm |
Context
“Commutative therefore, they place in the equality of value of the things contracted for; And Distributive, in the distribution of equall benefit, to men of equall merit. As if it were Injustice to sell dearer than we buy; or to give more to a man than he merits. The value of all things contracted for, is measured by the Appetite of the Contractors: and therefore the just value, is that which they be contented to give. And Merit (besides that which is by Covenant, where the performance on one part, meriteth the performance of the other part, and falls under Justice Commutative, not Distributive,) is not due by Justice; but is rewarded of Grace onely.”
source
Meaning and analysis
