Principles of Economics with Applications to Practical Problems cover

#1 - Preface

Principles of Economics with Applications to Practical Problems

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Download Chapter 1 - The Nature and Purpose of Political Economy audio
Download Chapter 2 - Economic Motives audio
Download Chapter 3 - Wealth and Welfare audio
Download Chapter 4 - The Nature of Demand audio
Download Chapter 5 - Exchange in a Market audio
Download Chapter 6 - Psychic Income audio
Download Chapter 7 - Wealth and Its Direct Uses audio
Download Chapter 8 - The Renting Contract audio
Download Chapter 9 - The Law of Diminishing Returns audio
Download Chapter 10 - The Theory of Rent audio
Download Chapter 11 - Repair, Depreciation, and Destruction of Wealth audio
Download Chapter 12 - Increase of Rent-Bearers and of Rents audio
Download Chapter 13 - Money as a Tool in Exchange audio
Download Chapter 14 - The Money Economy and the Concept of Capital audio
Download Chapter 15 - The Capitalization of All Forms of Rent audio
Download Chapter 16 - Interest on Money Loans audio
Download Chapter 17 - The Theory of Time-Value audio
Download Chapter 18 - Relatively Fixed and Relatively Increasable Forms of Capital audio
Download Chapter 19 - Saving and Production as Affected by the Rate of Interest audio
Download Chapter 20 - Labor and Classes of Laborers audio
Download Chapter 21 - The Supply of Labor audio
Download Chapter 22 - Conditions for Efficient Labor audio
Download Chapter 23 - The Law of Wages audio
Download Chapter 24 - The Relation of Labor to Value audio
Download Chapter 25 - The Wage System and Its Results audio
Download Chapter 26 - Machinery and Labor audio
Download Chapter 27 - Trade-Unions audio
Download Chapter 28 - Production and the Combination of the Factors audio
Download Chapter 29 - Business Organization and the Enterpriser's Function audio
Download Chapter 30 - Cost of Production audio
Download Chapter 31 - The Law of Profits audio
Download Chapter 32 - Profit-Sharing, Producers' and Consumers' Cooperation audio
Download Chapter 33 - Monopoly Profits audio
Download Chapter 34 - Growth of Trusts and Combinations in the United States audio
Download Chapter 35 - Effect of Trusts on Prices audio
Download Chapter 36 - Gambling, Speculation, and Promoters' Profits audio
Download Chapter 37 - Crises and Industrial Depressions audio
Download Chapter 38 - Private Property and Inheritance audio
Download Chapter 39 - Income and Social Service audio
Download Chapter 40 - Waste and Luxury audio
Download Chapter 41 - Reaction of Consumption on Production audio
Download Chapter 42 - Distribution of the Social Income audio
Download Chapter 43 - Survey of the Theory of Value audio
Download Chapter 44 - Free Competition and State Action audio
Download Chapter 45 - Use, Coinage, and Value of Money audio
Download Chapter 46 - Token Coinage and Government Paper Money audio
Download Chapter 47 - The Standard of Deferred Payments audio
Download Chapter 48 - Banking and Credit audio
Download Chapter 49 - Taxation in its Relation to Value audio
Download Chapter 50 - The General Theory of International Trade audio
Download Chapter 51 - The Protective Tariff audio
Download Chapter 52 - Other Protective Social and Labor Legislation audio
Download Chapter 53 - Public Ownership of Industry audio
Download Chapter 54 - Railroads and Industry audio
Download Chapter 55 - The Public Nature of Railroads audio
Download Chapter 56 - Public Policy as to Control of Industry audio
Download Chapter 57 - Future Trend of Values audio
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Summary

Frank Albert Fetter was an American economist of the Austrian school, but referred to himself as a member of the “American Psychological School” instead. Fetter contested the position that land is theoretically distinct from capital, arguing that such a distinction was impractical. His stand on this issue led him to oppose ideas like the land value tax.

Fetter also asserted that just as the price of each consumer good is determined solely by subjective value, so the rate of interest is determined solely by time preference. He maintained that time valuation was prerequisite to the determination of the market rate of interest, and he emphasized the time valuation element in all consumption and production choices. Fetter taught at Cornell University, Indiana University, and Stanford University. He was the first chairman of Princeton University's Department of Economics and Social Institutions, an interdisciplinary department that incorporated history, politics, and economics. (Summary by Wikipedia)

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