require a public policy that shall neither be hampered by
prejudice nor incited by ebullitions of popular feeling, but shall be
guided through a course of difficult action by a knowledge of economic
law.

INDEX

Abstinence, 339 _et seq._

Accumulation, the law of, Ch. XX.

Altruism, 39.

Arbitration, 469, Ch. XXVI;
as affected by monopoly, 483 _et seq._;
compulsory, 489-490, 497-498, 502;
voluntary, 493 _et seq._

Birth rate, as affected by economic conditions, 328 _et seq._

Boehm-Bawerk, 17 note, 33.

Boycott, Ch. XXVII.

Ca'-canny, 509 _et seq._

Capital, 19, 24-26, 31-33;
as affected by improvements in method, Ch. XVIII;
as originating in profits, 230, 301;
contrasted with capital goods, 28-34;
exportation of, 230-235;
ground and auxiliary, 166;
mobility of, 37-38, 127-128, 151-152;
primitive, 1-2;
rent of, 170-171;
sources of, 353 _et seq._;
waste of, 307 _et seq._

Capital, accumulation of, Ch. XX;
as affected by monopoly, 355-357;
as affected by standards of living, 342 _et seq._

Capital, effects of increase of, 203-204;
economic structure of society, 246-248;
on interest, 319-320;
on wages, 316 _et seq._

Capital goods, 16, 17, 19 note;
active, 20 _et seq._;
active and passive, 186-187;
contrasted with capital, 28-34;
passive, 20 _et seq._

Capitalist, 84-85, 117.

Capitalization of railways, proper basis of, 445-449.

Caste, effect on increase of population, 332;
effect on values, 268.

Centralization of production, 200-201, 289.

Collective bargaining, 467 _et seq._

Combination, railway, 419 _et seq._, 433 _et seq._

Commerce, effect on diffusion of methods, 229;
effect on emigration and immigration, 229-230.

Competition, 67, 75-77, note; 143-150, 198 _et seq._;
effect on inventions, 362 _et seq._;
effect on labor organizations, 488-490;
in transportation, 406, 419-420, 428 _et seq._;
relation to progress, 533-534.

Competition of markets, effect on railway charges, 403 _et seq._

Competition, potential, as a regulator of monopolies, 380 _et seq._

Conciliation, 490 _et seq._

Consolidation, 382-383, 390 _et seq._, 534 _et seq._, 558-559;
effect on strikes, 464 _et seq._;
of railways, 396-397, 419 _et seq._

Consumers' goods, 25-26, 34.

Consumers' rent, 172 note, 173.

Co