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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.
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...........
2. Labour employed in producing subsistence for subsequent
CHAPTER III. Of Unproductive Labour.
4. All other labour, however useful, is classed as unproductive
6. Labour for the supply of Productive Consumption, and labour
§ 1. Capital is wealth appropriated to reproductive employment
2. More capital devoted to production than actually employed
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
§ 1. Combination of Labour a principal cause of superior produc-
4. The higher degrees of the division of labour
5. Analysis of its advantages.........
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
3. Conditions necessary for the large system of production
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.
§ 1. Means and motives to saving, on what dependent
3. Examples of deficiency in the strength of this desire............
2. The law of production from the soil, a law of diminishing
return in proportion to the increased application of labour
3. Antagonist principle to the law of diminishing return; the
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
2.- the validity of prescription..
the power of bequest, but not the right of inheritance.
Question of inheritance examined...