Lectures on the Theory of Economics

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University of Cincinnati Press, 1901 - Economics - 289 pages
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Contents

Limited Liability
141
The Development of Demand 67 Population
144
Development of Wants
146
Persistence of Wants
150
Knowledge of the Existence and Character
156
Distribution
165
The Basis of Distribution
172
The Basis of Contribution to Production
182
Medium of Exchange and Credit
188
Extension of Sales
194
Law of Price
201
Relation of Competition and Monopolization to Each Other
204
Introduction of a Medium of Exchange and of a Standard Measure of Value
207
The Shares in Distribution
209
The Fund to be Distributed 97 Principles Determining the Shares 98 Minimum and Maximum Limits to the Shares 99 Effect of Variations in the Shar...
210
Effect of the Introduction of a Medium of Ex change and of a Standard Measure of Value 5 Rent
212
Summary of the Principles of Distribution as Applied to Rent
224
Nature of Rent
226
Monopolization and Competition in Relation to Rent
229
Minimum Limit to Rent
231
The Ricardian Doctrine of Rent
233
Rent and the Prices of General Commodities
238
The Unearned Increment
241
Interest
242
Variations in Interest Returns
246
Minimum and Maximum Limits to Interest
249
Money and Interest
251
Profits 115 Summary of the Principles of Distribution as Applied to Profits
257
Some Features of the Working of the Principles of Distribution in the Case of Profits
258
The Rent Theory of Profits
262
Criticism of the Rent Theory of Profits
264
Profits and the Prices of General Commodities
266
Excessive Profits
268
Wages 121 Summary of the Principles of Distribution as Applied to Wages
271
Commercial and Economic Wages
272
Susceptibility of Labor to Competition
274
The Residual Claimant Theory of Wages
277
Criticism of the Residual Claimant Theory of Wages
278
Relation of Wages to Past and Future Product
281
Relation Between the Variations in the Wages of Different Laborers
283
Wages and Variations in General Prices
284
220
288
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