standard of value
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
We are sloppy about the standard by which we measure good and bad, our standard of value.
From Forbes ● Jan. 29, 2015
Not everyone holds human life as their standard of value, and people often argue that things are right or wrong for reasons other than the ways they benefit or harm human beings.
From Forbes ● Jan. 29, 2015
“Its life is the standard of value directing its actions,” Rand wrote, “it acts automatically to further its life and cannot act for its own destruction.”
From Scientific American ● Oct. 5, 2012
The citizen does his part by producing and consuming, while the government ensures what economists call a stable standard of value -- a sound currency -- for the transactions of life.
From Time Magazine Archive
The case illustrative of the commodity theory clearly brings out the fact that that theory rests on exclusive attention to the standard of value function of money.
From The Value of Money by Benjamin M. Anderson
