An introduction to the theory of value (Registro nro. 117195)
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| fixed length control field | 03015cam a22003253u 4500 |
| 001 - CONTROL NUMBER | |
| control field | 76470 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | UtSlPG |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20260610134753.0 |
| 006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS | |
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| 007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION | |
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| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 260607r20251920utu|||||o|||||||||||||| d |
| 040 ## - CATALOGING SOURCE | |
| Original cataloging agency | UtSlPG |
| 041 #7 - LANGUAGE CODE | |
| Language code of text/sound track or separate title | en |
| Source of code | iso639-1 |
| 050 #4 - LIBRARY OF CONGRESS CALL NUMBER | |
| Classification number | HB |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Smart, William, |
| Dates associated with a name | 1853-1915 |
| 245 13 - TITLE STATEMENT | |
| Title | An introduction to the theory of value |
| 264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE | |
| Place of production, publication, distribution, manufacture | Salt Lake City, UT : |
| Name of producer, publisher, distributor, manufacturer | Project Gutenberg, |
| Date of production, publication, distribution, manufacture, or copyright notice | 2025 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 1 online resource : |
| Other physical details | multiple file formats |
| 336 ## - CONTENT TYPE | |
| Content type term | text |
| Content type code | txt |
| Source | rdacontent |
| 337 ## - MEDIA TYPE | |
| Media type term | computer |
| Media type code | c |
| Source | rdamedia |
| 338 ## - CARRIER TYPE | |
| Carrier type term | online resource |
| Carrier type code | cr |
| Source | rdacarrier |
| 500 ## - GENERAL NOTE | |
| General note | Release date is 2025-07-09 |
| 508 ## - CREATION/PRODUCTION CREDITS NOTE | |
| Creation/production credits note | Tim Lindell and the Online Distributed Proofreading Team at https://www.pgdp.net (This file was produced from images generously made available by The Internet Archive/Canadian Libraries) |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | "An introduction to the theory of value : On the lines of Menger, Weiser, and…." by William Smart is an introductory economics treatise written in the late 19th century. It lays out the Austrian School’s view that value is rooted in subjective judgments of utility and scarcity, showing how personal valuations, not inherent properties of goods, give rise to prices. Smart’s aim is to translate and clarify the ideas of Menger, Wieser, and Böhm-Bawerk for English readers, stressing marginal utility, the demand side of value, and the bridge from personal appraisals to market prices. It will appeal to readers seeking a clear, student-friendly foundation in value and price theory. The opening of this treatise frames the work through brief prefaces and a roadmap of chapters, then defines value with care: distinguishing subjective (personal) value from objective (capacity-based) measures, and criticizing the old “use value vs. exchange value” division. It argues that utility is broader than value and that value appears when a want is felt to depend on a specific good, introducing marginal utility via vivid cases (the sailor’s biscuits, Crusoe’s corn) to explain why scarcity and the last satisfied want set value. Subsequent sections handle complications (durable vs. perishable goods, groups of “complementary goods,” capitalized value), clarify “foreign” or indirect valuations when losses are shifted, and show how usefulness and scarcity jointly set the marginal level. The text then separates subjective from objective exchange value, explains money’s role as anticipated use value, and moves to price formation under competition, deriving market price from the meeting of many subjective valuations—the marginal pair of buyers and sellers that sets the going rate. (This is an automatically generated summary.) |
| 534 ## - ORIGINAL VERSION NOTE | |
| Introductory phrase | Originally published: |
| Publication, distribution, etc. of original | London: Macmillan and Co., 1920 |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | Value |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | Austrian school of economics |
| 856 4# - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://archive.org/details/introductiontoth00smar/page/n9/mode/2up">https://archive.org/details/introductiontoth00smar/page/n9/mode/2up</a> |
| 856 40 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://www.gutenberg.org/ebooks/76470">https://www.gutenberg.org/ebooks/76470</a> |
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