Progressing Economy
The Moral Condemnation of Profit
Some Observations on the Underconsumption Bogey and on the Purchasing Power Argument
10 Promoters, Managers, Technicians, and Bureaucrats
11 The Selective Process
12 The Individual and the Market
13 Business Propaganda
14 The “Volkswirtschaft”
CHAPTER 16 Prices
1 The Pricing Process
2 Valuation and Appraisement
3 The Prices of the Goods of Higher Orders
A Limitation on the Pricing of Factors of Production
4 Cost Accounting
5 Logical Catallactics Versus Mathematical Catallactics
6 Monopoly Prices
The Mathematical Treatment of the Theory of Monopoly Prices
7 Good Will
8 Monopoly of Demand
9 Consumption as Affected by Monopoly Prices
10 Price Discrimination on the Part of the Seller
11 Price Discrimination on the Part of the Buyer
12 The Connexity of Prices
13 Prices and Income
14 Prices and Production
15 The Chimera of Nonmarket Prices
CHAPTER 17 Indirect Exchange
1 Media of Exchange and Money
2 Observations on Some Widespread Errors
3 Demand for Money and Supply of Money
The Epistemological Import of Carl Menger’s Theory of the Origin of Money
4 The Determination of the Purchasing Power of Money
5 The Problem of Hume and Mill and the Driving Force of Money
6 Cash-Induced and Goods-Induced Changes in Purchasing Power
Inflation and Deflation; Inflationism and Deflationism
7 Monetary Calculation and Changes in Purchasing Power
8 The Anticipation of Expected Changes in Purchasing Power
9 The Specific Value of Money
10 The Import of the Money Relation
11 The Money-Substitutes
12 The Limitation on the Issuance of Fiduciary Media
Observations on the Discussions Concerning Free Banking
13 The Size and Composition of Cash Holdings
14 Balances of Payments
15 Interlocal Exchange Rates
16 Interest Rates and the Money Relation
17 Secondary Media of Exchange
18 The Inflationist View of History
19 The Gold Standard
International Monetary Cooperation
CHAPTER 18 Action in the Passing of Time
1 Perspective in the Valuation of Time Periods
2 Time Preference as an Essential Requisite of Action
Observations on the Evolution of the Time-Preference Theory
3 Capital Goods
4 Period of Production, Waiting Time, and Period of Provision
Prolongation of the Period of Provision Beyond the Expected Duration of the Actor’s Life
Some Applications of the Time-Preference Theory
5 The Convertibility of Capital Goods
6 The Influence of the Past Upon Action
7 Accumulation, Maintenance and Consumption of Capital
8 The Mobility of the Investor
9 Money and Capital; Saving and Investment
CHAPTER 19 Interest
1 The Phenomenon of Interest
2 Originary Interest
3 The Height of Interest Rates
4 Originary Interest in the Changing Economy
5 The Computation of Interest
CHAPTER 20 Interest, Credit Expansion, and the Trade Cycle
1 The Problems
2 The Entrepreneurial Component in the Gross Market Rate of Interest
3 The Price Premium as a Component of the Gross Market Rate of Interest
4 The Loan Market
5 The Effects of Changes in the Money Relation Upon Originary Interest
6 The Gross Market Rate of Interest as Affected by Inflation and Credit Expansion
The Alleged Absence of Depressions Under Totalitarian Management
7 The Gross Market Rate of Interest as Affected by Deflation and Credit Contraction
The Difference Between Credit Expansion and Simple Inflation
8 The Monetary or Circulation Credit Theory of the Trade Cycle
