Political Economy (1850 ed.)
This work is a summary statement of the nature of economic thought by one of the leading theorists of the English classical school in the mid-19th century.
Political Economy (London: Richard Griffin and Co. 3rd ed. 1854).
The text is in the public domain.
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Table of Contents
- POLITICAL ECONOMY.
- NATURE OF WEALTH.
- Constituents of Wealth.
- Objections to the Definition of Wealth Considered.
- STATEMENT OF THE FOUR ELEMENTARY PROPOSITIONS OF THE SCIENCE OF POLITICAL ECONOMY.
- Development of the First Elementary Proposition of the Science, namely, that on
- The General Desire for Wealth.
- Development of the Second Elementary Proposition of the Science, namely, that on
- The Causes which Limit Population.
- Development of the Third Elementary Proposition of the Science, namely,—
- Instruments of Production.
- Capital may again be divided, according to the purposes to which it is applicable, into Reproductive, Simply Productive, and Unproductive.
- Statement of Advantages derived from the Use of Capital.
- Development of the Fourth Elementary Proposition of the Science, namely,
- DISTRIBUTION OF WEALTH.
- Society divided into Three Classes—Labourers, Capitalists, and Proprietors of Natural Agents.
- Relative Proportions of Rent, Profit, and Wages.
- Causes on which the Proportionate Amount of Rent depends.
- Proportionate Amounts of Profit and Wages.
- Proximate Cause deciding the Rate of Wages.
- Causes on which the Extent of the Fund for the Maintenance of Labour Depends.
- Causes which Divert Labour from the Production of Commodities for the use of Labouring Families. I. Rent. II. Taxation. III. Profit.
- Variations of the Amount of Wages and the Rate of Profits in different Employments of Labour and Capital.
- Inequalities in Wages and Profits occasioned by the difficulty of transferring Capital and Labour from one Employment to another.
- Difficulty of Transferring Labour and Capital from one Country to Another.