Value and an Invariable Unit of Value (Classic Reprint) - Hardcover

William A. Whittick

9780365375289: Value and an Invariable Unit of Value (Classic Reprint)

Hardcover

ISBN 10: 0365375284 ISBN 13: 9780365375289

Publisher: Forgotten Books, 2018

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Rethink money and value with a bold, systems‑level claim.

In Value and an Invariable Unit of Value, William A. Whittick argues that the current way we measure value distorts prices and stifles fair exchange. This book presents a counterpoint to common economic ideas and offers a new standard meant to be stable across time.

Through accessible definitions and thoughtful comparisons, the author traces how value has been treated by economists, critics, and policy makers. It lays out the case for an invariable unit of value as a foundation for fairer markets and more reliable contracts, and it explains how such a standard could reshape the relationship between money, production, and prices. The discussion stays focused on concepts and practical implications without relying on jargon or speculation.

Clear definitions that separate value from utility and explain why both matter
Critique of traditional standards and how they influence prices and monopoly
A unified proposal for an invariable unit of value as a basis for monetary reform
Implications for money, debt, and the cost of production in everyday life

Ideal for readers of economic theory, monetary reform, and any audience curious about how a universal measure could change the way we value goods.

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