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The Standard of Value is a book written by William Leighton Jordan and published in 1882. It is a treatise on the concept of value and its role in economics. The book explores the different theories of value that have been proposed throughout history, including the labor theory of value, the subjective theory of value, and the marginal utility theory of value. Jordan argues that the marginal utility theory is the most accurate and useful theory of value, and he provides a detailed explanation of this theory and its implications for economic analysis. The book also discusses the relationship between value and price, and the factors that influence both. Overall, The Standard of Value is a comprehensive exploration of the concept of value and its importance in economic theory.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.