06670nam a2200265 a 4500001001000000003000600010005001700016008004100033020001800074040000900092082001500101092001600116100003100132245005700163260003500220300002600255500002000281505350800301520236003809650001506169856007206184942001506256999001706271952011606288010902413UkOxU20230406150553.0931217s1932 enk 001 0 eng d a9789391270926 cCUTN a330.1bGEO aD05013641431 aGeorge, Henry,d1839-1897.14aThe science of political economy /cby Henry George. aChennai :bMaven Books,c2022. axiv, 433 p. ;c19 cm. aIncludes index. tCONTENTS: FOREWORD PREFATORY NOTE. PREFACE. GENERAL INTRODUCTION BOOK I. THE MEANING OF POLITICAL ECONOMY INTRODUCTION TO BOOK I. CHAPTER I. THE THREE FACTORS OF THE WORLD. CHAPTER II. MAN, HIS PLACE AND POWERS. CHAPTER III. HOW MAN’S POWERS ARE EXTENDED. CHAPTER IV. CIVILIZATION—WHAT IT MEANS. CHAPTER V. THE ORIGIN AND GENESIS OF CIVILIZATION. CHAPTER VI. OF KNOWLEDGE AND THE GROWTH OF KNOWLEDGE. CHAPTER VII. OF SEQUENCE, CONSEQUENCE AND LAWS OF NATURE. CHAPTER VIII. OF THE KNOWLEDGE PROPERLY CALLED SCIENCE. CHAPTER IX. THE ECONOMY CALLED POLITICAL ECONOMY. CHAPTER X. THE ELEMENTS OF POLITICAL ECONOMY. CHAPTER XI. OF DESIRES AND SATISFACTIONS. CHAPTER XII. THE FUNDAMENTAL LAW OF POLITICAL ECONOMY. CHAPTER XIII. METHODS OF POLITICAL ECONOMY. CHAPTER XIV. POLITICAL ECONOMY AS SCIENCE AND AS ART. BOOK II. THE NATURE OF WEALTH INTRODUCTION TO BOOK II. CHAPTER I. CONFUSIONS AS TO THE MEANING OF WEALTH. CHAPTER II. CAUSES OF CONFUSION AS TO THE MEANING OF WEALTH. CHAPTER III. WHAT ADAM SMITH MEANT BY WEALTH. CHAPTER IV. THE FRENCH PHYSIOCRATS. CHAPTER V. ADAM SMITH AND THE PHYSIOCRATS. CHAPTER VI. SMITH’S INFLUENCE ON POLITICAL ECONOMY. CHAPTER VII. INEFFECTUAL GROPINGS TOWARD A DETERMINATION OF WEALTH. CHAPTER VIII. BREAKDOWN OF SCHOLASTIC POLITICAL ECONOMY. CHAPTER IX. WEALTH AND VALUE. CHAPTER X. VALUE IN USE AND VALUE IN EXCHANGE. CHAPTER XI. ECONOMIC VALUE— ITS REAL MEANING CHAPTER XII. VALUE IN EXCHANGE REALLY RELATED TO LABOR. CHAPTER XIII. THE DENOMINATOR OF VALUE. CHAPTER XIV. THE TWO SOURCES OF VALUE. CHAPTER XV. THE MEANING OF WEALTH IN POLITICAL ECONOMY. CHAPTER XVI. THE GENESIS OF WEALTH. CHAPTER XVII. THE WEALTH THAT IS CALLED CAPITAL. CHAPTER XVIII. WHY POLITICAL ECONOMY CONSIDERS ONLY WEALTH. CHAPTER XIX. MORAL CONFUSIONS AS TO WEALTH. CHAPTER XX. OF THE PERMANENCE OF WEALTH. CHAPTER XXI. THE RELATION OF MONEY TO WEALTH. BOOK III. THE PRODUCTION OF WEALTH CHAPTER I. THE MEANING OF PRODUCTION. CHAPTER II. THE THREE MODES OF PRODUCTION. CHAPTER III. POPULATION AND SUBSISTENCE. CHAPTER IV. THE ALLEGED LAW OF DIMINISHING RETURNS IN AGRICULTURE. CHAPTER V. OF SPACE AND TIME. CHAPTER VI. CONFUSION OF THE SPACIAL LAW WITH AGRICULTURE. CHAPTER VII. THE RELATION OF SPACE IN PRODUCTION. CHAPTER VIII. THE RELATION OF TIME IN PRODUCTION. CHAPTER IX. COOPERATION—ITS TWO WAYS. CHAPTER X. COOPERATION—ITS TWO KINDS. CHAPTER XI. THE OFFICE OF EXCHANGE IN PRODUCTION. CHAPTER XII. OFFICE OF COMPETITION IN PRODUCTION. CHAPTER XIII. OF DEMAND AND SUPPLY IN PRODUCTION 1 CHAPTER XIV. ORDER OF THE THREE FACTORS OF PRODUCTION. CHAPTER XV. THE FIRST FACTOR OF PRODUCTION - LAND. CHAPTER XVI. THE SECOND FACTOR OF PRODUCTION — LABOR. CHAPTER XVII. THE THIRD FACTOR OF PRODUCTION — CAPITAL. BOOK IV. THE DISTRIBUTION OF WEALTH INTRODUCTION TO BOOK IV. CHAPTER I. THE MEANING OF DISTRIBUTION. CHAPTER II. THE NATURE OF DISTRIBUTION. CHAPTER III. THE COMMON PERCEPTION OF NATURAL LAW IN DISTRIBUTION. CHAPTER IV. THE REAL DIFFERENCE BETWEEN LAWS OF PRODUCTION AND OF DISTRIBUTION. CHAPTER V. OF PROPERTY. CHAPTER VI. CAUSE OF CONFUSION AS TO PROPERTY. BOOK V. MONEY—THE MEDIUM OF EXCHANGE AND MEASURE OF VALUE INTRODUCTION TO BOOK V. CHAPTER I. CONFUSIONS AS TO MONEY. CHAPTER II. THE COMMON UNDERSTANDING OF MONEY. CHAPTER III. MEDIUM OF EXCHANGE AND MEASURE OF VALUE. CHAPTER IV. THE OFFICE OF CREDIT IN EXCHANGES. CHAPTER V. THE GENESIS OF MONEY. CHAPTER VI. THE TWO KINDS OF MONEY. aHenry George died fighting one of the most corrupt political organizations of the civilized world — a sufficient epitaph for any worthy man. But he has larger claims to respect and consideration. He made a creditable attempt to solve the root-problem of material life — poverty, — and his just-published posthumous book, " The Science of Political Economy," excites that pathetic interest which attaches to the memory of one who tried to aid his fellowman. He was eloquent, but he was free from the hysteria of demagogy. His sympathies, born of bitter vicissitude, were acute, but they were tempered with reason. He believed in the equality of opportunity ; but he believed also (as an American and an individualist) in the natural inequality of capacity. When he saw the industrial evils of the Old World reappear in one of the richest and fairest parts of the New — commercial depression, involuntary idleness, wasting capital, pecuniary distress, want, suffering, anxiety, — he was startled, and he set about to discover the cause. We value him for what he tried to do. "Progress and Poverty " was an immensely interesting and attractive book on a seemingly sapless science. It struck fire from flint, and lifted the author from obscurity to world-wide celebrity. Emerson says that every man is eloquent in that which he understands. It would be, perhaps, truer to say that every man is eloquent in that in which he fervently believes, and George believed that he had given a message. To quote his own words: " On the night on which I finished the final chapter of 'Progress and Poverty,' I felt that the talent entrusted to me had been accounted for — was more fully satisfied, more deeply grateful, than if all the Kingdoms of the earth had been laid at my feet." No one doubts his sincerity, his intellectual integrity, the cleanliness of his soul. His expectations were infinite, his faith simple. The poverty of the world lay not in Nature but in a vicious economic system ; and he thought that he had found a "sovereign remedy" which would "raise wages, increase the earnings of capital, extirpate pauperism, abolish poverty, give remunerative employment to whoever wishes it, afford free scope to human powers, lessen crime, elevate morals and taste and intelligence, purify government, and carry civilization to yet nobler heights." 0aEconomics. yhttps://www.kobo.com/us/en/ebook/the-science-of-political-economy-6 2ddccBOOKS c38401d38401 r2023-04-06 00:00:00l0o330.1 GEOp45972w2023-04-06yBOOKS102ddc40708NFIC00aCUTNbCUTNc300d2023-04-06