realizing it, would be a sufficiently useful achievement, to induce him to incur willingly all the chances of failure. It is requisite, however, to add, that although his object is practical, and, as far as the nature of the subject admits, popular, he has not attempted to purchase either of those advantages by the sacrifice of strict scientific reasoning. Though he desires that his treatise should be more than a mere exposition of the abstract doctrines of Political Economy, he is also desirous that such an exposition should be found in it. CONTENTS 29 CHAPTER II. Of Labour, as an Agent of Production. § 1. Labour employed either directly about the thing produced, or in operations preparatory to its production........... CHAPTER III. Of Unproductive Labour. § 1. Capital is wealth appropriated to reproductive employment 2. More capital devoted to production than actually employed 70 6. Capital is kept up, not by preservation but by perpetual 7. Why countries recover rapidly from a state of devastation 8. Effects of defraying government expenditure by loans 10. Fallacy respecting Taxation.......... § 1. Land, labour, and capital, are of different productiveness at 119 CHAPTER IX. Of Production on a Large, and Production on a Small Scale. § 1. Advantages of the large system of production in manufactures 158 2. Advantages and disadvantages of the joint-stock principle 164 CHAPTER X. Of the Law of the Increase of Labour. § 1. The law of the increase of production depends on those of 3. By what checks the increase of population is practically limited CHAPTER XI. Of the Law of the Increase of Capital. 170 173 § 1. Means and motives to saving, on what dependent 194 2. The law of production from the soil, a law of diminishing CHAPTER XIII. Consequences of the foregoing Laws. § 1. Remedies, when the limit to production is the weakness of CHAPTER II. The same subject continued. 1. The institution of property implies freedom of acquisition by 252 255 2.- the validity of prescription.. 257 the power of bequest, but not the right of inheritance. Question of inheritance examined... 258 |