Chapter 1 of 42 · Economic Principles by Frank A. Fetter
Front Matter
MODERN ECONOMIC PROBLEMS
By
Frank A. Fetter
This text makes practical application of the theories treated in “Principles of Economics” to such matters as money, banking, international trade, labor organizations, agricultural economics, trusts, taxation, insurance, immigration, and similar topics. The book was completely revised in 1922; hence it considers economic matters in the light of the changed conditions following the World War. The volume is equipped with charts, diagrams, statistical tables, reference reading lists, and other numerous helps for both the teacher and the student.
8 vo611 pagesPrice $2.75
Economics—Volume I
ECONOMIC PRINCIPLES
BY
FRANK A. FETTER, PH.D., LL.D.
PROFESSOR OF POLITICAL ECONOMY, PRINCETON UNIVERSITY
NEW YORK
THE CENTURY CO.

The Mises Institute, founded in 1982, is a teaching and research center for the study of Austrian economics, freedom, and peace. We work with students, faculty, business leaders, and anyone else interested in these ideas. In support of the school of thought represented by Ludwig von Mises and Murray N. Rothbard, we provide books, conferences, online education, and media. For we seek a radical shift in the intellectual climate, away from statism and toward a private property order.
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Copyright, 1915, by
The Century Co.
First Edition, September, 1915
Reprinted, September, 1916
Reprinted, December, 1918
Reprinted, April, 1920
Reprinted, August, 1922
Reprinted, May, 1923
Reprinted, January, 1925
Reprinted, March, 1927
Reprinted, September, 1928
Digital edition September 2013 by the Mises Institute
ISBN: 978-1-61016-018-6
eISBN: 978-1-61016-269-2
TABLE OF CONTENTS
Part I. Elements of Value and Price
1. Purpose and Nature of Economics
Part II. Usance and Rent
9. Agents for Changing Stuff and Form
10. Agents for Effecting Changes of Place and Time
12. The Principle of Proportionality
13. The Concept of Usance-Value
Part III. Valuable Human Services, and Wages
16. Human Beings and Their Economic Services
17. Conditions for Efficient Labor
18. The Value of Labor and the Choice of Occupations
Part IV. Time-Value and Interest
23. Capitalization of Monetary Incomes
25. Capitalization and Interest
Part V. Enterprise and Profit
30. Costs and Competitive Prices
31. Monopoly-Prices; Large Production
Part VI. Dynamic Changes in Economic Society
33. Volitional Doctrine of Population
34. Decreasing and Increasing Returns
35. Basic Material Resources: Their Use, Consumption, and Conservation
Economic Principles
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