The Standard Of Value (1882) - Paperback

The Standard of Value is a book written by William Leighton Jordan in 1882. It is a comprehensive analysis of the concept of value and its application in economics. The book explores the different theories of value, including the labor theory of value, the subjective theory of value, and the cost of production theory. It also discusses the role of money and its impact on the value of goods and services. Jordan argues that the concept of value is essential in understanding economic activity and that a standard of value is necessary to facilitate exchange. He examines the historical development of standards of value, including the use of gold and silver as currency. The book also delves into the relationship between supply and demand and how it affects the value of goods and services. The Standard of Value is a seminal work in the field of economics and has influenced subsequent economic thought. It is a must-read for anyone interested in understanding the concept of value and its application in economics.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.