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Principles of Political Economy

Chapter 35: FOOTNOTES:
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About This Book

A systematic exposition of political economy that frames economic activity as exchanges among persons, replacing the traditional focus on wealth with the scientific concept of value encompassing commodities, services, and credits. It builds economics around reciprocity, arguing that every sale is simultaneously a purchase and emphasizing mutual satisfaction as the motive for voluntary exchange. The text analyzes the elemental structure of buying and selling — persons, desires, efforts, estimates, renderings, satisfactions — and applies this framework to land, money, and foreign trade, critiques restrictive government interference, and demonstrates inductive reasoning and pedagogical organization for instruction in the subject.

FOOTNOTES:

[1] Green's Short History of the English People, p. 591.

[2] See on this general topic, Mommsen's Provinces of the Roman Empire, passim.

[3] Baines' History of the Cotton Manufacture, as condensed and quoted in Walpole's History of England, Vol. I.

[4] Charles Knight's History of England, III. 292 et seq.

[5] O'Reilly's Poem, at Plymouth, 1889.

[6] Green's Short History of the English People, p. 144.

[7] John Jay Knox's United States Notes.

[8] Practical Political Economy, 1877, p. 452.

[9] See an excellent Essay on Mexican Finance by M. L. Scudder, Jr.

[10] Public Statement of Professor Taussig of Harvard College.

[11] See James Schouler's United States, p. 77 of Vol. I.

[12] There were two other authors of some of the papers of the Federalist, Madison and Jay; but Hamilton's authorship of number XXXV was never questioned by anybody; he himself claimed it expressly with his other numbers a few days before he was shot.

Transcriber's Note:

Obvious typographical errors were corrected. Unusual spelling (for example: estop, Shakspeare), grammatical usage, and hyphenation variants present in the original (including co-operate and coöperate) have been retained.

Alphanumerical paragraph labels and their formats were inconsistent in the original. These inconsistencies have been retained.

Several index entry page number references were incorrect—in some cases up to 100 pages. These have been corrected.

P. 351, Table in original did not include data for 1877.