The Project Gutenberg EBook of Political economy, by W. Stanley Jevons

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Title: Political economy

Author: W. Stanley Jevons

Release Date: July 22, 2010 [EBook #33219]

Language: English

Character set encoding: ASCII

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Science Primers.

POLITICAL

ECONOMY.

BY

W. STANLEY JEVONS, LL.D., M.A., F.R.S.,

PROFESSOR OF POLITICAL ECONOMY IN UNIVERSITY COLLEGE, LONDON;
EXAMINER IN LOGIC AND MORAL PHILOSOPHY IN THE UNIVERSITY OF LONDON.

NEW YORK:
D. APPLETON AND COMPANY,

549 AND 551 BROADWAY.

1880.

CONTENTS.

CHAP. PAGE

I.--INTRODUCTION, 7

II.--UTILITY, 17

III.--PRODUCTION OF WEALTH, 24

IV.--DIVISION OF LABOUR, 32

V.--CAPITAL, 42

VI.--DISTRIBUTION OF WEALTH, 48

VII.--WAGES, 53

VIII.--TRADES-UNIONS, 61

IX.--CO-OPERATION, ETC., 77

X.--THE TENURE OF LAND, 87

XI.--EXCHANGE, 95

XII.--MONEY, 103

XIII.--CREDIT AND BANKING, 110

XIV.--CREDIT CYCLES, 115

XV.--THE FUNCTIONS OF GOVERNMENT, 123

XVI.--TAXATION, 126

PREFACE.

In preparing this little treatise, I have tried to put the truths of
Political Economy into a form suitable for elementary instruction. While
connected with Owens College, it was my duty, as Cobden Lecturer on
Political Economy, to instruct a class of pupil-teachers, in order that
they might afterwards introduce the teaching of this important subject