Value and Income
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Preface (v)......Page 5 Contents (vii)......Page 7 Interest and Preferences (3)......Page 10 Cost and Choice (8)......Page 15 2. Market Pricing (15)......Page 22 Demand Schedules (16)......Page 23 Partial Monopoly (24)......Page 31 Multiple Market Price (29)......Page 36 The Market for Unfinished Goods (34)......Page 41 3. Labor and Normal Value (35)......Page 42 The Causes of Scarcity (36)......Page 43 The Value of Scarcity Products (37)......Page 44 The Objective Factors in Cost (43)......Page 50 Unfinished Goods (54)......Page 61 Cost of Production and Value (57)......Page 64 The Nature of Normal Value (61)......Page 68 The Uses of Land (65)......Page 72 Producing One Commodity (67)......Page 74 Producing Several Commodities (73)......Page 80 The Problem of the Margin (81)......Page 88 Market Pricing (84)......Page 91 The Differential Factors (90)......Page 97 The Rate of Exploitation (91)......Page 98 Intensive Exploitation (97)......Page 104 Mining Royalties (99)......Page 106 The Sources of Interest (103)......Page 110 The Yield Schedules for Savings (112)......Page 119 The Rate of Interest (124)......Page 131 Interest and Value (127)......Page 134 9. Labor's Share: The Rent Deduction (132)......Page 139 The Communistic and Individualistic Systems (133)......Page 140 The Contractual System (137)......Page 144 The Concentration of Ownership (144)......Page 151 The Interest Deduction (154)......Page 161 11. The Supply of Labor (158)......Page 165 The "Encouragement of Industry" (159)......Page 166 The Desirability of Income (165)......Page 172 The Costs of Labor (170)......Page 177 The Lesson of Experience (175)......Page 182 The Number of Idle (180)......Page 187 The Growth of Population (181)......Page 188 The Supply of Land (188)......Page 195 The Supply of Savings (194)......Page 201 The Distribution of Labor (201)......Page 208 The Distribution of Land (211)......Page 218 The Distribution of Savings (212)......Page 219 Risk and Risk-bearing (214)......Page 221 The Management of Labor (222)......Page 229 The Management of Investments (231)......Page 238 The Supply of Management (232)......Page 239 Risk-bearing (235)......Page 242 The Nature of Profits (238)......Page 245 The Burden of Uncertainty (242)......Page 249 Types of Enterprise (250)......Page 257 Charges for Labor and Uncertainty-bearing (252)......Page 259 The Supply of Enterprisers (255)......Page 262 Entrepreneur Expenses (257)......Page 264 18. Value: A Recapitulation (260)......Page 267 Index (277)......Page 283
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