Economics of the Free Society

Title Page
Copyright Page
Contents
Preface
Translator’s Preface
Chapter I: The Problem
1. Ordered Anarchy
2. Other Enigmas of Economics
3. Marginal Utility
4. Choice and Limitation: the Essence of Economics
Notes
Chapter II: The Basic Data of Economics
1. The Moral Foundation (the Business Principle)
2. What are Costs?
3. Economic Equilibrium: the Possible Systems
Notes
Chapter III: The Structure of the Division of Labor
1. The Meaning of the Division of Labor
2. The Social Division of Labor and the Role of Money
3. The Conditions Necessary to an Intensive Division of Labor
4. The Division of Labor and the Number of Men (the Population Problem)
5. The Dangers and the Limits of the Division of Labor
Notes
Chapter IV: Money and Credit
1. What is Money?
2. From Cattle to Bank Notes
3. Money and the Banking System
4. Inflation and Deflation
5. The Purchasing Power of Money and Its Measurement
Notes
Chapter V: The World of Goods and the Flow of Production
1. The Social Product and the National Income
2. The Essence of Production
3. The Economic Process as a Whole
4. The Factors of Production
5. The Combination of the Factors of Production
Notes
Chapter VI: Markets and Prices
1. Free Prices Clear the Market
2. The Elasticity of Supply and Demand
3. Prices and Costs
4. Monopoly
5. The Interdependence of Prices
6. Foreign Trade and the International Formation of Prices
Notes
Chapter VII: Rich and Poor
1. The Distribution of Income
2. The Distribution of Income as a Problem of Price Formation
3. Should Interest and Rent be Abolished?
4. Changing the Distribution of Income
Notes
Chapter VIII: Disturbances of Economic Equilibrium
1. The Sources of Disturbance
2. Stabilization Policy
3. The Impact of Keynesianism
Notes
Chapter IX: Structure of the Economy; Economics and the World Crisis
1. The Structure and Mechanism of our Economic System
2. The Collectivist Alternative
3. The German Experiment In Noninflationary Market Economy
4. The Third Road
Notes
Index of Persons
Index of Subjects