CAPITAL

Sec.1.  A reference to Marx

Sec.2.  Waiting for production

Sec.3.  Waiting for consumption

Sec.4.  Capital not A stock of consumable goods

Sec.5.  The essence of waiting

Sec.6.  Individual and social saving

Sec.7.  The necessity of interest

Sec.8.  The supply of capital

Sec.9.  Involuntary saving

Sec.10.  Interest and distribution

CHAPTER IX

LABOR

Sec.1.  A retrospect on laissez-faire

Sec.2.  Ideas and institutions

Sec.3.  The general wage-level

Sec.4.  The supply of labor in general

Sec.5.  The apportionment of labor among places

Sec.6.  The apportionment of labor among social grades

Sec.7.  The apportionment of labor among occupations

Sec.8.  Women’s wages

CHAPTER X

THE REAL COSTS OF PRODUCTION

Sec.1.  Comparative costs

Sec.2.  The allocation of resources

Sec.3.  Utility and wealth

Sec.4.  Criteria of policy

SUPPLY AND DEMAND

CHAPTER I

THE ECONOMIC WORLD

Sec.1. Theory and Fact.  The controversy between the “Theorist” and the “Practical Man” is common to all branches of human affairs, but it is more than usually prevalent, and perhaps more than usually acrid in the economic sphere.  It is always a rather foolish controversy, and I have no intention of entering into it, but its prevalence makes it desirable to emphasize a platitude.  Economic theory must be based upon actual fact:  indeed, it must be essentially an attempt, like all theory, to describe the actual facts in proper sequence, and in true perspective; and if it does not do this it is an imposture.  Moreover, the facts which economic theory seeks to describe are primarily economic facts, facts, that is to say, which emerge in, and are concerned with, the ordinary business world; and it is, therefore, mainly upon such facts that the theory must be based.  People sometimes speak as though they supposed the economist to start