Principles Of Political Economy

By

William Roscher,

Professor of Political Economy at the University of Leipzig,

Corresponding Member of the Institute of France,

Privy Counsellor To His Majesty,

The King Of Saxony.

From the Thirteenth (1877) German Edition.

With Additional Chapters Furnished By The Author,

For This First English And American Edition,

On Paper Money, International Trade,

And The Protective System;

And A Preliminary Essay

On The Historical Method In Political Economy

(From the French)

By

L. Wolowski

The Whole Translated By

John J. Lalor, A. M.

Vol. I.

New York:

Henry Holt & Co.

1878

Contents

• Translator's Preface.
• Author's Preface. (1st Edition.)
• From The Author's Prefaces. (2d to 11th Edition.)
• Preliminary Essay.
• Introduction.
• Chapter I. Fundamental Ideas.
• Section I. Goods—Wants.
• Section II. Goods.—Economic Goods.
• Section III. Goods.—The Three Classes Of Goods.
• Section IV. Of Value.—Value In Use.
• Section V. Value.—Value In Exchange.
• Section VI. Value.—Alleged Contradiction Between Value In Use And Value In Exchange.
• Section VII. Resources Or Means (Vermögen).
• Section VIII. Valuation Of Resources.
• Section IX. Wealth.
• Section X. Wealth.—Signs Of National Wealth.
• Section XI. Of Economy