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Chapter 45 of 62 · Human Action by Ludwig von Mises

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Caesarism, 182n

Cairnes, John Elliott, 204, 627n

Calculation

business, 301

economic, see, Economic calculation in Soviet Russia and Nazi Germany, 698699

lack of precision in, 225n

monetary, ch. 13, pp. 230232

valuation and, 97; ch. 11, pp. 201212see also, Accounting; Mathematics; Measurement

Carman, Edwin, 532n

Capacity, unused, 391, 576578

Capital

accounting, 231, 260264, 468, 488, 511, 617

accumulation of, 465, 487490, 511514, 518n, 840847

circulating, 557

consumption, 261, 511514, 846

convertibility of, 499502, 505, 510

fixed, 557

flight, 515

foreign, 493495, 497499

goods, 263, 292, 293, 487490, 493, 499502, 505, 510

income and, 260261, 482

investment, 342, 369, 378, 499

labor and, 637

maintenance, 260264, 511514, 844845

marginal productivity of, 293, 632

market, 543

praxeology and, 482, 512

stock exchange and, 514517

transfer, 513

volkswirtschaftliche,518see also, Money; Production

Capitalism

British, 617

campaign against, 257, 461

economic calculation and, 231

effects upon, 283, 664, 803

entrepreneurs and, 254, 461, 502

evaluated, 310

evolution of, 465

Marxian analysis of, 78, 612, 644n, 690, 860

modern, 587

pacemakers of, 89, 615

poverty and, 832

production and, 9, 495, 611

results of, 611

saving and, 527, 531, 769

socialism and, 672678, 687, 712

standard of living and, 165, 750, 833

subsistence and, 601

views of, 264270

war and, 824see also, Liberalism; Market economy

Carlyle, Thomas, 9, 645

Cartels, 362366, 444, 593

Case probability, 110115

Cash holdings

demand for, 378n, 399, 414, 426, 517, 566

neutralization of changes in, 412113

purchasing power and, 408, 412413, 423

size and composition of, 445147, 460

Cassel, Gustav, 195n

Cassirer, Ernest, 38n

Caste system, 837

Catallactics

competition, 117, 274277, 278279, 669

defined, 235, 324, 642

delimitation of, 233235

functional integration of, 252256

goodwill and, 377

impoverishment and, 562, 574

inflation and deflation, 420

labor unions and, 585, 771773

land and, 634n

logical versus mathematical, 347354

money and, 397, 430, 432, 442

or economics of the market, Part 4, pp. 233684

prices and, 329, 375

problem of, 3, 7, 10, 203, 604

reasoning of, 572

scope and method of, ch. 14, pp. 233257

unemployment and, 576577, 595598see also, Capitalism; Economics; Market economy; Rent

Causality, 2223, 25, 99, 106, 208

Central Bank of Issue, 442

Cernuschi, Henri, 443

Chamberlin, Edward H., 319n

Change

action and, 220

evolutionary, 267

forces behind, 352

goods induced, 416419

market situations and, 213

measurement of, 223224

money relations and, 545547

notion of, 99

purchasing power and, 203, 416425, 428see also, Action, human

Charisma and leaders, 150, 155

Charily, 242, 600, 833

Chasles, Philarète, 192, 193n

Cheyney, Edward Potts, 41n

Child labor, 610, 612, 615, 740741

Chinese history, 836

Choosing, 3, 11, 45, 87, 94, 120127, 193, 242see also, Free will; Valuation

Christianity, 37, 719see also, Morality; Religion

Churchill, Winston, 855

Ciccoti, Ettore, 627n

Circulation Credit Theory, 204, 430, 567573

Citizens, economics and, 874875

Civil War, American, 825

Civilization

ancient, decline of, 761763

destiny of, 10, 825

liberalism and, 8, 837

primitive, 36, 145, 600

private property and, 264, 679

progress of, 85, 87, 600, 645, 813see also, History; Savings

Clark, John Bates, 4, 255n, 496n

Class conflict, 670671

Class interests, 5, 81

Class of wants, 123

Class probability, 107110

Classical economists

achievement of, 232

capitalism and, 9

error of, 62, 121, 633, 678

formation of prices and, 6264

pacemakers of capitalism, 89, 615

profit concept of, 532

teachings of, 174

theory of value and, 2, 63, 121, 206, 485

trade and, 274

Clearing agreements, 472, 796

Clientele, bank, 431

Cockaigne, 70

Coercion, governmental, 71, 149, 180, 283, 718

Cognition, 38, 584n, 881

Cohen, Morris R., 38n, 86n, 643n

Collectivism, 4213, 145153, 772see also, Marxism; Socialism

Colonial regime, 497

Commercial legislation, 214

Common man, 46, 192193, 611, 616617

Communion, mystic, 166167

Communism

effect of, 644n

Second International, 152see also, Marxism; Socialism

Communist Manifesto,605

Comparative cost, law of, 158163

Competition

biological, 273274, 663

catallactic, 117, 274277, 278279, 669

free, 275

goodwill and, 377

imperfect, 357, 378

labor and, 625

monopolistic, 357378

prices and, 357, 358

restriction of, 278279, 373374

social, 274

Compulsion, governmental, 71, 149, 189, 283, 718

Computation of interest, 533534

Comte, Auguste, 7273, 151

Concatenation

defined, 105, 324

market and, 252, 330, 441, 566, 604

Conception and understanding, 5158

Confiscation

philosophy of, 800801

redistribution and, ch. 32, pp. 800807

taxation and, 802807

Conflicts (and harmony) of interests, ch. 24, pp. 660684; 686

Connexity

among occupational groups, 590

of prices, 388389see also, Catallactics; Market economy

Conquest, 645646, 817, 828see also, War

Consequence and anteriority, 99

Conservation, 652653

Consistency (Constancy), 103104

Constituent Assembly, 284n

Consumers

business propaganda and, 316319

choices of, 63

demand of, 241, 495, 553

goods, 9394, 330, 487

policy 312, 315

prices and 328, 390

service to, 227

sovereignty of, 270272, 297, 305, 308, 495, 724

surplus and, 385

Consumers

value judgment and, 328see also, Entrepreneurs; Market economy

Consumption

affected by monopoly prices, 381384

capital, 261, 481, 511514, 846

government interference with, 727729

production and, 354, 427see also, Underconsumption

Continental currency, 425

Contraction, credit, 564567

Contractual bonds, 196199, 280, 497

Contracyclical policies, 792794

Control

foreign exchange, 794796

of supply, in monopoly, 357

population, 663669

price, 752, 756763, 822

qualitative credit, 790

rationing, 757, 822

rent, 759761see also, Interventionism; New Deal; Planning

Conventionalism, 39

Convertibility of capital goods, 499502, 505, 510

Cooperation

human, 143145, 157, 663, 712

international monetary, 47375

social, 2, 147n, 179, 184, 196, 280, 285, 668; Part 5, pp. 685711; 830; see also, Action, human

Copernicus, Nicolaus, 58, 186

Copyright, 382383, 657658, 676677

Corn-hog cycle, 583

Corn Laws, 82

Corporations, 303304, 532n, 703704

Corporativism and syndicalism, ch. 33, pp. 808816

Cosmology, 18, 192, 634

Cost

accounting, 336347

comparative, 158163

entrepreneurial, 341

external, 650656

of production, 340, 367

of restriction, 737

phenomenon of Valuation, 393394

prices and, 97, 349

real, 393, 632

reduction, 344

shipment, 450see also, Economic calculation; Market economy; Money

Crack-up boom, 424, 433

Cranks, monetary, 186

Creative genius, see, Genius

Credit

circulation, 430, 567573

commodity, 430

contraction, 564567

expansion, see, Credit expansion

manipulation, currency and, ch. 31, pp. 774799

money, 425426, 432n

qualitative control, 790

Credit expansion

creation of, 434, 439n

definition of, 431, 568, 787

effect of, 548562, 771, 787792

gold standard and, 470, 473

interest, trade cycle and, ch. 20, pp. 535583see also, Cycle theory; Deflation; Depression; Inflation; Malinvestment; Money

Creditors

unpopularity of, 537538

versus debtors, 536, 777, 785

Currency

Continental, 425

credit manipulation and, ch. 31, pp. 774799

debasement, 774775

deposit, 443

devaluation, 462463, 781787

government, 774777, 784

School, 204, 435, 437439, 568569

theory, 559nsee also, Fiats; Legal tender; Money

Cycle theory

contracyclical policies, 792

corn-hog, 583

monetary or circulation credit, 204, 567573

nonmonetary, 551552, 578583

sunspot, 579

trade, 204; ch. 20, pp. 535583; 788see also, Credit expansion; Deflation; Depression; Inflation

Human Action

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