The Progress of Pecuniary Valuation

Abstract

Pecuniary valuation is a social institution and presumably subject to progress, 1. — The meaning of value; values express organization; there are numerous classifications, 2. — The nature of the differences among various kinds of value, 3. — All values are, in a sense, commensurable, 5. — Pecuniary value apparently exists to give all kinds of psychical value general validity and exact expression, but seems to do this inadequately, 6. — Conditions that intervene between psychical values and their pecuniary expression, 7.—The factor of class, 8.—Pecuniary value is attained only through an institutional process, 9. —Innovating values lack pecuniary recognition; how they may attain it, 10. — The conception of “progress-values,” 14. — Examples of the shortcomings of market valuation at the present time, 15. — Need of organized groups and disciplines, 16. — Instances of current progress in pecuniary valuation, 17. — Progress in the pecuniary valuation of men, 20. — The outlook, 20.