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CONTENTS
CHAPTER
PAGE
I. THE EFFECT OF THE PHYSIOGRAPHY OF NORTH AMERICA UPON
MEN OF EUROPEAN ORIGIN. By N. S. Shaler . .
1
II. THE SIGNIFICANCE OF THE FRONTIER IN AMERICAN HISTORY. By
F. J. Turner.
23
III. THE GROWTH OF CITIES IN THE UNITED STATES. By A. B. Hart
IV. AMERICAN AGRICULTURE
1. The Agricultural Resources of the United States
2. Agricultural Production in 1906. By James Wilson.
3. The General Characteristics of American Agriculture. By F.
A. Walker. .
4. The Future of American Agriculture. By James Wilson
V. THE ORGANIZATION OF PRODUCTION BEFORE AND AFTER THE INDUS-
TRIAL REVOLUTION
1. Adam Smith's Criticism of the Policy of the Gilds
104
2. Domestic Industry vs. the Factory System.
114
3. The Great Inventions. By Spencer Walpole
125
4. The Growth of the Factory System in the United States
145
VI. THE MANUFACTURING INDUSTRIES OF THE UNITED STATES
1. The Advantages of the United States for Manufacturing Industries
2. The Localization of Industry
155
165
3. The Geographical Distribution of the Various Branches of Manu-
factures
175
4. The Organization of American Manufactures.
184
VII. STUDIES OF THE IRON AND COTTON INDUSTRIES
1. The Iron Industry in the United States. By F. W. Taussig. . 193
2. An International Survey of the Cotton Industry. By Elijah
Helm
215
VIII. HUMAN WANTS AND THEIR SATISFACTION
1. Human Wants: A General Survey. By W. E. Hearn.
2. The Theory of Utility. By W. S. Jevons
236
245
IX. THE LAW OF POPULATION
1. The Movement of Population. By G. von Rümelin
2. The Doctrine of Malthus.
X. THE DIVISION OF LABOR
1. The Views of Adam Smith
2. A Criticism. By W. S. Jevons.
XI. THE ACCUMULATION OF CAPITAL: SAVING AND SPENDING
2. The Seen and the Unseen. By Frederic Bastiat
3. Criticism of the Doctrine of Saving. By J. A. Hobson.
XII. THE ORGANIZATION OF EXCHANGE
1. Sturbridge Fair in the Eighteenth Century.
287
298
301
307
318
325
2. An English Market Town of the Eighteenth Century
331
3. The Organization of the Grain Trade in the United States.
4. Speculation on the Produce Exchanges of the United States.
By H. C. Emery .
333
340
XIII. PRICES
1. The Relation of Retail Prices to Wholesale. By Robert Newman 354
2. Variation in the Prices of Agricultural Products
363
3. The Influence of Speculation upon Prices. By H. C. Emery. 367
XIV. THE NATURAL HISTORY OF MONEY
XV. PAPER MONEY IN FRANCE. By Andrew D. White
XVI. THE REGULATION OF A BANK-NOTE CURRENCY. By J. Laurence
398
399
400
XVIII. THE DISTRIBUTION of Wealth
1. Present Work and Present Wages. By F. W. Taussig .
513
2. Historical Changes in the Rate of Wages. By Gustav Schmoller 533
3. Wages and Profits in the Different Employments of Labor and
Stock. By Adam Smith
543
4. Historical Changes in the Rate of Interest. By Gustav Schmoller
5. The Distribution of Urban Land Values. By R. M. Hurd. .
XIX. SOME ASPECTS OF THE LABOR PROBLEM
563
568
1. The Policies of Labor Organizations
589
2. The Knights of Labor and the American Federation of Labor.
By William Kirk.
613