The Principles of Political Economy , first published in 1848, was one of the most important texts on the subject of economy at that time. It is broken up into five books; Production, Distribution, Exchange, Influence of the Progress of Society on Production and Influence of Government.
This version is an abridged text book edited by J. Laurence Laughlin, and was used at the college level.
(Summary by Ann Boulais)
Chapters
1 Preface 6 min 2 Introductory, A Sketch of the History of Political Economy, part 1 27 min 3 Introductory, A Sketch of the History of Political Economy, part 2 27 min 4 Preliminary Remarks 10 min 5 Book I, Chapter I: Of the Requisites of Production 14 min 6 Book I, Chapter II: Of Unproductive Labor 12 min 7 Book I, Chapter III: Of Capital 24 min 8 Book I, Chapter IV: Fundamental Propositions Respecting Capital, part 1 19 min 9 Book I, Chapter IV: Fundamental Propositions Respecting Capital, part 2 30 min 10 Book I, Chapter V: On Circulating and Fixed Capital 13 min 11 Book I, Chapter VI: Of Causes Affecting the Efficiency of Production 30 min 12 Book I, Chapter VII: Of the Law of the Increase of Labor 15 min 13 Book I, Chapter VIII: Of the Law of the Increase of Capital 23 min 14 Book I, Chapter IX: Of the Law of the Increase of Production From Land 45 min 15 Book I, Chapter X: Consequences of the Foregoing Laws 25 min 16 Book II, Chapter I: Of Property 47 min 17 Book II, Chapter II: Of Wages 41 min 18 Book II, Chapter III: Of Remedies for Low Wages 26 min 19 Book II, Chapter IV: Of the Differences of Wages in Different Employments 32 min 20 Book II, Chapter V: Of Profits 43 min 21 Book II, Chapter VI: Of Rents 36 min 22 Book III, Chapter I: Of Value 39 min 23 Book III, Chapter II: Ultimate Analysis of Cost of Production 35 min 24 Book III, Chapter III: Of Rent, in its Relation Value 32 min 25 Book III, Chapter IV: Of Money 21 min 26 Book III, Chapter V: Of the Value of Money, as Dependent on Demand and Supply 18 min 27 Book III, Chapter VI: Of the Value of Money, as Dependent on Cost of Production 29 min 28 Book III, Chapter VII: Of a Double Standard and Subsidiary Coins 39 min 29 Book III, Chapter VIII: Of Credit, as a Substitute for Money 26 min 30 Book III, Chapter IX: Influence of Credit on Prices 20 min 31 Book III, Chapter X: Of an Inconvertible Paper Currency, part 1 26 min 32 Book III, Chapter X: Of an Inconvertible Paper Currency, part 2 32 min 33 Book III, Chapter XI: Of Excess of Supply 20 min 34 Book III, Chapter XII: Of Some Peculiar Cases of Value 14 min 35 Book III, Chapter XIII: Of International Trade 35 min 36 Book III, Chapter XIV: Of International Values 33 min 37 Book III, Chapter XV: Of Money Considered as an Imported Commodity 10 min 38 Book III, Chapter XVI: Of the Foreign Exchanges 21 min 39 Book III, Chapter XVII: Of the Distribution of Precious Metals Through the Commercial World 36 min 40 Book III, Chapter XVIII: Influence of the Currency on the Exchanges and on Foreign Trade 21 min 41 Book III, Chapter XIX: Of the Rate of Interest 22 min 42 Book III, Chapter XX: Of the Competition of Different Countries in the Same Market 41 min 43 Book III, Chapter XXI: Of Distribution, as Affected by Exchange 15 min 44 Book IV, Chapter I: Influence of the Progress of Industry and Population on Values and Prices 42 min 45 Book IV, Chapter II: Influence of the Progress of Industry and Population on Rents, Profits and Wages 19 min 46 Book IV, Chapter III: Of the Tendency of Profits to a Minimum 34 min 47 Book IV, Chapter IV: Consequences of the Tendency of Profits to a Minimum, and the Stationary State 16 min 48 Book IV, Chapter V: On the Possible Futurity of the Laboring-Classes 47 min 49 Book V, Chapter I: On the General Principles of Taxation 31 min 50 Book V, Chapter II: Of Direct Taxes 38 min 51 Book V, Chapter III: Of Taxes on Commodities, or Indirect Taxes, part 1 24 min 52 Book V, Chapter III: Of Taxes on Commodities, or Indirect Taxes, part 2 34 min 53 Book V, Chapter IV: Comparison Between Direct and Indirect Taxes 35 min 54 Book V, Chapter V: Of a National Debt 23 min 55 Book V, Chapter VI: Of the Interference of Government Grounded on Erroneous Theories, part 1 28 min 56 Book V, Chapter VI: Of the Interference of Government Grounded on Erroneous Theories, part 2 38 min
