6This Book
6311.3 Corporations and Ethics
7Section 1 – First Principles
6411.4 Financial Markets
8Chapter 1 Preliminaries
6511.5 Capital and Interest
91.1 Humanity
66Chapter 12 International Trade and Finance
101.2 The World in Which We Live
6712.1 International Trade
111.3 The Point of Interaction
6812.2 International Finance
121.4 Man in Society
69Chapter 13 Economic Cycles
131.5 Production
7013.1 Cycles
141.6 Community
7113.2 Description of the Long Economic Cycle
151.7 The Significance of Land
7213.3 An Historical Perspective
161.8 The Importance of Location
7313.4 Impact of the Cycle
17Chapter 2 The Division of Wealth
7413.5 Managing the Cycle
182.1 The Primary Division of Production
7513.6 A Wider View
192.2 Determination of Earnings
76Chapter 14 Taxation
202.3 Determination of the Tenant’s Share
7714.1 The Need for Taxation
212.4 Secondary Claims on Wealth
7814.2 Principles of Taxation
222.5 Lowest Level of Earnings
7914.3 Contemporary Taxation
232.6 An Historical Perspective
8014.4 Particular Taxes
24Chapter 3 Civil and Economic Freedom
8114.5 Taxation and Equity
253.1 The Importance of Earnings for Civil Rights
8214.6 Government Expenditure
263.2 Natural Law
8314.7 Effects of Taxation
27Chapter 4 Further Divisions of Wealth
84Section 3 – an Ethical Perspective
284.1 The Rise of Capitalism
85Chapter 15 The History of Land Tenure
294.2 Secondary Claims
8615.1 Saxon Land Tenure
30Chapter 5 Value
8715.2 The Norman Changes
315.1 What Are Values?
8815.3 Early Land Enclosures
325.2 Values in Operation
8915.4 Later Land Enclosures
33Chapter 6 Price
9015.5 Absolute Ownership of Land
346.1 Setting the Price
9115.6 The Aftermath
356.2 Monopoly and Price
9215.7 Conclusion
366.3 Advertising and Price
93Chapter 16 Property
376.4 Taxation and Price
94Chapter 17 Government
386.5 The Law of Supply and Demand
9517.1 Justice
396.6 Production and Price
9617.2 Mercy
40Chapter 7 The Means of Exchange
9717.3 Protection
417.1 What is Money?
98Chapter 18 Economic Duties
427.2 Credit
9918.1 Economic Duties of Individuals
43Section 2 – the Capitalist System
10018.2 Duties of Government
44Chapter 8 Money
10118.3 Economic Duties of Government
458.1 Private Money
10218.4 Government Finance and Expenditure
468.2 Public Money
10318.5 Economic Justice
478.3 Bank Money
104Section 4 – the Nature of Society
488.4 Conclusion
105Chapter 19 Society as a Hierarchy
49Chapter 9 Banking
10619.1 The Elements of the Hierarchy
509.1 The Evolution of Banking
10719.2 Operation of the Hierarchy
519.2 The Business of Banking
108Chapter 20 Government in the Hierarchy
529.3 The Central Bank
10920.1 Society and Government
539.4 The Limitations of Credit
11020.2 Tradition in Society
549.5 Accumulation of Capital
11120.3 Conclusion
559.6 Savings
112Afterword
569.7 Contemporary Banking
113Glossary of Terms
57Chapter 10 Inflation
114Select Bibliography
