The Principles of Economics, with Applications to Practical ProblemsPart 1 — PART IReading editionChapter navigation123 reading sectionsGo to chapterChoose a chapter…WITH APPLICATIONS TO PRACTICAL PROBLEMSFRANK A. FETTER, PH.D.PART IPREFACEPART IChapter ICHAPTER 2CHAPTER 3CHAPTER 4CHAPTER 5CHAPTER 6CHAPTER 7CHAPTER 8CHAPTER 9CHAPTER 10CHAPTER 11CHAPTER 12CHAPTER 13CHAPTER 14CHAPTER 15CHAPTER 16CHAPTER 17CHAPTER 18CHAPTER 19PART IICHAPTER 20CHAPTER 21CHAPTER 22CHAPTER 23CHAPTER 24CHAPTER 25CHAPTER 26CHAPTER 27CHAPTER 28CHAPTER 29CHAPTER 30CHAPTER 31CHAPTER 32CHAPTER 33CHAPTER 34CHAPTER 35CHAPTER 36CHAPTER 37PART IIICHAPTER 38CHAPTER 39CHAPTER 40CHAPTER 41CHAPTER 42CHAPTER 43CHAPTER 44CHAPTER 45CHAPTER 46CHAPTER 47CHAPTER 48CHAPTER 49CHAPTER 50CHAPTER 51CHAPTER 52CHAPTER 53CHAPTER 54CHAPTER 55CHAPTER 56CHAPTER 57QUESTIONS AND CRITICAL NOTESChapter 1. The Nature and Purpose of Political EconomyChapter 2. The Economic MotivesChapter 3. Wealth and WelfareChapter 4. The Nature of DemandChapter 5. Exchange in a MarketChapter 6. Psychic IncomeChapter 7. Wealth and its Indirect UsesChapter 8. The Renting ContractChapter 9. The Law of Diminishing ReturnsChapter 10. The Theory of RentChapter 11. Repair, Depreciation, and Destruction of WealthChapter 12. Increase of Rent-bearers and of RentsChapter 13. Money as a Tool in ExchangeChapter 14. The Money Economy and the Concept of CapitalChapter 15. The Capitalization of all Forms of RentChapter 16. Interest on Money LoansChapter 17. The Theory of Time-valueChapter 18. Relatively Fixed and Relatively Increasable Forms of CapitalChapter 19. Saving and Production as Affected by the Rate of InterestChapter 20. Labor and Classes of LaborersChapter 21. The Supply of LaborChapter 22. Conditions for Efficient LaborChapter 23. The Law of WagesChapter 24. The Relation of Labor to ValueChapter 25. The Wage System and its ResultsChapter 26. Machinery and LaborChapter 27. Trade-unionsChapter 28. Production and the Combination of the FactorsChapter 29. Business Organization and the Enterpriser's FunctionChapter 30. Cost of ProductionChapter 31. The Law of ProfitsChapter 32. Profit-sharing, Producers' and Consumers' CoöperationChapter 33. Monopoly ProfitsChapter 34. Growth of Trusts and CombinationsChapter 35. Effect of Trusts on PricesChapter 36. Gambling, Speculation, and Promoters' ProfitsChapter 37. Crises and Industrial DepressionsChapter 38. Private Property and InheritanceChapter 39. Income and Social ServiceChapter 40. Waste and LuxuryChapter 41. Reaction of Consumption on ProductionChapter 42. Distribution of the Social IncomeChapter 43. Survey of the Theory of ValueChapter 44. Free Competition and State ActionChapter 45. Use, Coinage, and Value of MoneyChapter 46. Token Coinage and Government Paper MoneyChapter 47. The Standard of Deferred PaymentsChapter 48. Banking and CreditChapter 49. Taxation in its Relation to ValueChapter 50. The General Theory of International TradeChapter 51. The Protective TariffChapter 52. Other Protective Social and Labor LegislationChapter 53. Public Ownership of IndustryChapter 54. Railroads and IndustryChapter 55. The Public Nature of RailroadsChapter 56. Public Policy as to Control of IndustryChapter 57. Future Trend of ValuesINDEXPrevious chapter ←Part 1 — PREFACENext chapter →Part 1 — Chapter IAll chapters and sections (123)Other sectionsWITH APPLICATIONS TO PRACTICAL PROBLEMSFRANK A. FETTER, PH.D.Parts1Part 1 · Other sectionsPREFACEPart 1 · Parts1Part 1 · Chapters12345678910111213141516171819Parts2Part 2 · Chapters202122232425262728293031323334353637Parts3Part 3 · Chapters3839404142434445464748495051525354555657Part 3 · Other sectionsQUESTIONS AND CRITICAL NOTESPart 3 · Chapters123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657Part 3 · Other sectionsINDEXDIVISION A—WANTS AND PRESENT GOODS← PREFACECHAPTER I →