The aim of this book is to give self-contained proofs of all basic results concerning the infinite-valued proposition al calculus of Lukasiewicz and its algebras, Chang's MV -algebras. This book is for self-study: with the possible exception of Chapter 9 on advanced topics, the only prere quisite for the reader is some acquaintance with classical propositional logic, and elementary algebra and topology. In this book it is not our aim to give an account of Lukasiewicz's motivations for adding new truth values: readers interested in this topic will find appropriate references in Chapter 10....