Principles of Political Economy, Vol. 1

Professor of Political Economy at the University of Leipzig, Corresponding Member of the Institute of France, Privy Counsellor To His Majesty, The King Of Saxony. From the Thirteenth (1877) German Edition. With Additional Chapters Furnished By The Author, For This First English And American Edition, On Paper Money, International Trade, And The Protective System; And A Preliminary Essay On The Historical Method In Political Economy (From the French) By L. Wolowski The Whole Translated By John J. Lalor, A. M. Vol. I. New York: Henry Holt & Co. 1878 Contents Translator's Preface. Author's Preface. (1st Edition.) From The Author's Prefaces. (2d to 11th Edition.) Preliminary Essay. Introduction. Section I. Goods—Wants. Section II. Goods.—Economic Goods. Section III. Goods.—The Three Classes Of Goods. Section IV. Of Value.—Value In Use. Section V. Value.—Value In Exchange. Section VI. Value.—Alleged Contradiction Between Value In Use And Value In Exchange. Section VII. Resources Or Means (Vermögen). Section VIII. Valuation Of Resources. Section IX. Wealth. Section X. Wealth.—Signs Of National Wealth. Section XI. Of Economy (Husbandry). Section XII. Economy.—Grades Of Economy. Section XIII. Political Economy.—The Economic Organism. Section XIV. Origin Of A Nation's Economy. Section XV. Diseases Of The Social Organism. Chapter II. Position Of Political Economy In The Circle Of Related Sciences. Section XVI. Political Or National Economy. Section XVII. Sciences Relating To National Life.—The Science Of Public Economy.—The Science Of Finance. Section XVIII. Sciences Relating To National Life.—Statistics. Section XIX. Private Economy—Cameralistic Science. Section XX. Private Economy. (Continued.) Section XXI. What Political Economy Treats Of. Chapter III. The Methods Of Political Economy. Section XXII. Former Methods. Section XXIII. The Idealistic Method. Section XXIV. The Idealistic Method. (Continued.) Section XXV. The Idealistic Method. (Continued.) Section XXVI. The Historical Method—The Anatomy And Physiology Of Public Economy. Section XXVII. Advantages Of The Historical Or Physiological Method. Section XXVIII. Advantages Of The Historical Method. (Continued.) Section XXIX. The Practical Character Of The Historical Method In Political Economy. Section XXX. Meaning Of Production. Section XXXI. The Factors Of Production.—External Nature. Section XXXII. External Nature.—The Sea.—Climate. Section XXXIII. External Nature.—Gifts Of Nature With Value In Exchange. Section XXXIV. External Nature. (Continued.) Section XXXV. External Nature.—Elements Of Agricultural Productiveness. Section XXXVI. External Nature.—Further Divisions Of Nature's Gifts. Section XXXVII. External Nature.—The Geographical Character Of A Country. Section XXXVIII. Of Labor.—Divisions Of Labor.