Principles Of Political Economy

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The Project Gutenberg EBook of Principles Of Political Economy by John

Stuart Mill

Title: Principles Of Political Economy

Author: John Stuart Mill

Release Date: September 27, 2009 [Ebook #30107]

***START OF THE PROJECT GUTENBERG EBOOK PRINCIPLES OF POLITICAL ECONOMY***

Principles Of Political Economy

By

John Stuart Mill

Abridged, with Critical, Bibliographical,

and Explanatory Notes, and a Sketch

of the History of Political Economy,

By

J. Laurence Laughlin, Ph. D.

Assistant Professor of Political Economy in Harvard University

A Text-Book For Colleges.

New York:

D. Appleton And Company,

1, 3, and 5 Bond Street.

1885

CONTENTS

Preface.

Introductory. A Sketch Of The History Of Political Economy.

Books For Consultation (From English, French, And German Authors).

Preliminary Remarks.

Book I. Production.

Chapter I. Of The Requisites Of Production.

§ 1. The requisites of production.

§ 2. The Second Requisite of Production, Labor.

§ 3. Of Capital as a Requisite of Production.

Chapter II. Of Unproductive Labor.

§ 1. Definition of Productive and Unproductive Labor.

§ 2. Productive and Unproductive Consumption.

§ 3. Distinction Between Labor for the Supply of Productive

Consumption and Labor for the Supply of Unproductive Consumption.

Chapter III. Of Capital.

§ 1. Capital is Wealth Appropriated to Reproductive Employment.

§ 2. More Capital Devoted to Production than Actually Employed in

it.

§ 3. Examination of Cases Illustrative of the Idea of Capital.

Chapter IV. Fundamental Propositions Respecting Capital.

§ 1. Industry is Limited by Capital.

§ 2. Increase of Capital gives Increased Employment to Labor,

Without Assignable Bounds.

§ 3. Capital is the result of Saving, and all Capital is Consumed.

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