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    19th Century · English

    Elements of Political Economy

    James Mill

    Elements of Political Economy, by James Mill (1773–1836), a public-domain text from Liberty Fund's Online Library of Liberty.

    Chapters
    48
    Variants
    48
    Genre
    Economics
    Difficulty
    Advanced

    Chapters

    1. 01Prefaceprose
    2. 02Introduction The Subject—Its Limits—and Divisionprose
    3. 03Chapter I: PRODUCTIONprose
    4. 04Section I. Labourprose
    5. 05Section II. Capitalprose
    6. 06Chapter II: Distributionprose
    7. 07Section I. Rentprose
    8. 08Section II. Wagesprose
    9. 091. That the rate of wages depends on the proportion between Population, and Employment, in other words, Capital.prose
    10. 102. Proof of the tendency of Population to increase rapidly.prose
    11. 113. Proof that capital has a less tendency than Population to increase rapidly.prose
    12. 124. That forcible means employed to make capital increase faster than its natural tendency would not produce desirable efprose
    13. 13Section III. Profitsprose
    14. 14Chapter III: Interchange, Section I. Nature of the Advantage Derived from the Interchange of Commodities, and the Principrose
    15. 15Section II. What Determines the Quantity in Which Commodities Exchange for One Anotherprose
    16. 16Section III. Effect Upon Exchangeable Values of a Fluctuation in Wages and Profits.prose
    17. 17Section IV. Occasions on Which it is the Interest of Nations to Exchange Commodities with One Anotherprose
    18. 18Section V. The Commodities Imported are the Cause of the Benefits Derived from a Foreign Tradeprose
    19. 19Section VI. Convenience of a Particular Commodity, as a Medium of Exchangeprose
    20. 20Section VII. What Regulates the Value of Moneyprose
    21. 21Section VIII. What Regulates the Quantity of Moneyprose
    22. 22Section IX. The Effect of Employing Two Metals Both as Standard Money, and of Using Subsidiary Coins, at Less Than the Mprose
    23. 23Section X. Substitutes for Moneyprose
    24. 24Section XI. Advantages Derived from the Use of Paper Moneyprose
    25. 25Section XII. Inconveniences to which the Use of Paper Money is Liableprose
    26. 26Section XIII. The Value of the Precious Metals in Each Country Determines Whether It Shall Export or Importprose
    27. 27Section XIV. The Value of the Precious Metal, or Medium of Exchange, Which Determines Exportation, Is Not the Same in Alprose
    28. 28Section XV. Mode in which the Precious Metal, or Medium of Exchange, Distributes Itself Among the Nations of the Globeprose
    29. 29Section XVI. Money Transactions between Nations—Bills of Exchangeprose
    30. 30Section XVII. Bounties and Prohibitionsprose
    31. 31Section XVIII. Coloniesprose
    32. 32Chapter IV: Consumption, Section I. Of Productive and Unproductive Consumptionprose
    33. 33Section II. That Which Is Annually Produced Is Annually Consumedprose
    34. 34Section III. That Consumption Is Co-extensive with Productionprose
    35. 35Section IV. In What Manner Government Consumesprose
    36. 36Section V. Taxes on Rentprose
    37. 37Section VI. A Tax on Profitsprose
    38. 38Section VII. A Tax on Wagesprose
    39. 39Section VIII. Direct Taxes Which Are Destined to Fall Equally Upon All Sources of Incomeprose
    40. 40Section IX. Taxes on Commodities; either Some Particular Commodities; or All Commodities Equallyprose
    41. 41Section X. A Tax Upon the Produce of the Landprose
    42. 42Section XI. A Tax Upon the Profits of the Farmer, and Upon Agricultural Instrumentsprose
    43. 43Section XII. Tithes and Poor Ratesprose
    44. 44Section XIII. A Tax per Acre on the Landprose
    45. 45Section XIV. Taxes Upon the Transfer of Propertyprose
    46. 46Section XV. Law Taxesprose
    47. 47Section XVI. Taxes on Money, and the Precious Metalsprose
    48. 48Section XVII. Effects of the Taxation of Commodities Upon the Value of Money, and the Employment of Capitalprose