The Online Library of Liberty

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• Preface.
• Definitions In Political Economy.
• Chapter I.: Rules For the Definition and Application of Terms In Political Economy.
• Chapter II.: On the Definition of Wealth By the French Economists.
• Chapter III.: On the Definition and Application of Terms By Adam Smith.
• Chapter IV.: Application of the Term Utility By M. Say.
• Chapter V.: On the Definition and Application of Terms By Mr. Ricardo.
• Chapter VI.: On the Definition and Application of Terms By Mr. Mill, In His “elements of Political Economy.”
• Chapter VII.: On the Definition and Application of Terms, By Mr. Macculloch, In His “principles of Political Economy.”
• Chapter VIII.: On the Definition and Use of Terms By the Author of “a Critical Dissertation On the Nature, Measure, and Causes of Value.”
• Chapter IX.: Summary of the Reasons For Adopting the Subjoined Definition of the Measure of Value.
• Chapter X.: Definitions In Political Economy.
• Wealth.
• Utility.
• Value,
• Value In Use,
• Value, Or Value In Exchange.
• Production.
• Product, Produce.
• Sources of Wealth.
• Land.
• Labour.
• Productive Labour.
• Unproductive Labour.
• Industry.
• Stock.
• Capital.
• Fixed Capital.
• Circulating Capital.
• Revenue.
• Accumulation of Capital.
• Saving,
• Rent of Land.
• Money-rent of Land.
• Gross Surplus of the Land.
• Wages of Labour.
• Nominal Wages.
• Real Wages.
• The Rate of Wages.
• The Price of Labour,
• The Amount of Wages.
• The Price of Effective Labour.
• Accumulated Labour.
• Profits of Stock.
• The Rate of Profits.
• The Interest of Money.
• The Profits of Industry, Skill, and Enterprise.
• Monopoly Profits.
• Conditions of the Supply of Commodities.
• Elementary Costs of Production.
• Measure of the Conditions of the Supply, Or of the Elementary Costs of Production.
• The Value, Market Value, Or Actual Value, of a Commodity At Any Place Or Time.
• The Natural Value of a Commodity At Any Place and Time.
• Measure of the Market Or Actual Value of a Commodity At Any Place Or Time.
• Measure of the Natural Value of a Commodity At Any Place and Time.
• The Price, the Market Price, Or Actual Price of a Commodity At Any Place and Time.
• The Natural Price of a Commodity At Any Place and Time.
• Supply of Commodities.
• Demand For Commodities,
• Demand In Regard to Its Extent.
• Demand In Regard to Its Intensity.
• Effectual Demand, In Regard to Its Extent.
• Effectual Demand, In Regard to Its Intensity.
• Measure of the Intensity of the Effectual Demand.
• Excess of the Demand Above the Supply.
• Excess of the Supply Above the Demand, Or Partial Glut.
• General Glut.
• A Given Demand.
• Variations of Prices and Values.
• Consumption.
• Productive Consumption.
• Unproductive Consumption, Or Spending.
• Chapter XI.: Observations On the Definitions.

CAPITAL.

15. That portion of the stock of a country which is kept or employed with a view to profit in the production and distribution of wealth.