Valuation

Valuation: Its Nature and Laws is a book written by Wilbur Marshall Urban and published in 1909. The book is an introduction to the general theory of value and explores the nature and laws of valuation. The author argues that valuation is a fundamental concept in economics and that it plays a crucial role in determining prices and economic activity. The book is divided into three parts. The first part provides an overview of the concept of value and its role in economics. The second part discusses the laws of valuation, including the law of supply and demand, the law of diminishing marginal utility, and the law of substitution. The third part explores the practical applications of valuation, including the valuation of goods and services, the valuation of labor, and the valuation of capital.Throughout the book, the author provides numerous examples and case studies to illustrate the concepts and theories discussed. The book is written in a clear and accessible style, making it suitable for both students and professionals in the field of economics. Overall, Valuation: Its Nature and Laws is a comprehensive and insightful introduction to the theory of value and its applications 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.