INTRODUCTION By F.A. Hayek

TRANSLATOR'S PREFACE

AUTHOR'S PREFACE

    I. THE GENERAL THEORY OF THE GOOD
      1. The Nature of Goods
      2. The Causal Connections Between Goods
      3. The Laws Governing Goods-character

        A. The Goods-Character of Goods of Higher Order is Dependent on Command of Corresponding Complementary Goods
        B. The Goods-Character of Goods of Higher Order is Derived From That of The Corresponding Goods of Lower Order
      4. Time and Error
      5. The Causes of Progress in Human Welfare
      6. Property

    II. ECONOMY AND ECONOMIC GOODS

      1. Human Requirements
        A. Requirements for Goods of First Order (Consumption Goods)
        B. Requirements for Goods of Higher Order (Means of Production)
        C. The Time Limits Within Which Human Needs Are Felt
      2. The Available Quantities
      3. The Origin of Human Economy and Economic Goods
        A. Economic Goods
        B. Non-Economic Goods
        C. The Relationship Between Economic and Non-Economic Goods
        D. The Laws Governing the Economic Character of Goods
      4. Wealth

    III. THE THEORY OF VALUE

      1. The Nature and Origin of Value
      2. The Original Measure of Value
        A. Differences in the Magnitude of Importance of Different Satisfactions (Subjective Factor)
        B. TheDependence of Separate Satisfactions on Particular Goods (Objective Factor)
        C. The Influence of Differences in the Quality of Goods on Their Value
        D. The Subjective Character of the Measure of Value. Labor and Value.
      3. The laws Governing the Value of Goods of Higher Order
        A. The Principle Determining the Value of Goods of Higher Order
        B. The Productivity of Capital
        C. The Value of Complementary Quantitites of Goods of Higher Order
        D. The Value of Individual Goods of Higher Order
        E. The Value of the Services of Land, Capital, and Labor in Particular

    IV. THE THEORY OF EXCHANGE

      1. The Foundations of Economic Exchange
      2. The Limits of Economic Exchange

    V. THE THEORY OF PRICE

      1. Price Formation in an Isolated Exchange
      2. Price Formation under Monopoly
        A. Price Formation and the Distribution of Goods When There is Competition Between Several Persons for a Single Indivisible Monopolized Goods
        B. Price Formation and the Distribution of Goods When There is Competition for Several Units of a Monopolized Goods
        C. The Influence of the Price Fixed by a Monopolist on the Quantity of a Monopolized Good that Can be Sold and on the Distribution of the Good Among the Competitiors for It
        D. The Principles of Monopoly Trading (The Policy of a Monopolist)
      3. Price Formation and the Distribution of Goods under Bilateral Competition
        A. The Origin of Competition
        B. The Effect of the Quantities of a Commodity Supplies by Competitors on Price Formation; the Effect of Given Prices Set By Them on Sales; and in Both Cases the Effect on the Distribution of the Commodity Among the Competing Buyers
        C. The Effect of Competition in the Supply of a Good on the Quantity Sold and on the Price at Which It is Offered (The Policies of Competitors)

    VI. USE VALUE AND EXCHANGE VALUE

      A. The Nature of Use Value and Exchange Value
      B. The Relationship Between the Use Value and the Exchange Value of Goods
      C. Changes in the Economic Center of Gravity of the Value of Goods

    VII. THE THEORY OF THE COMMODITY

      1. The Concept of the Commodity in its Popular and Scientific Meanings
      2. The Marketability of Commodities
        A. The Outer Limits of the Marketability of Commodities
        B. The Different Degrees of Marketability of Commodities
        C. The Facility with which Commodities Circulate

    VIII. THE THEORY OF MONEY

      1. The Nature and Origin of Money
      2. The Kinds of Money Appropriate to Particular Peoples and to Particular Historical Periods
      3. Money as a "Measure of Price" and as the most Economic Form for Storing Exchangeable Wealth
      4. Coinage

    APPENDICES

      A. Goods and "Relationships"
      B. Wealth
      C. The Nature of Value
      D. The Measure of Value
      E. The Concept of Capital
      F. Equivalence in Exchange
      G. Use Value and Exchange Value
      H. The Commodity Concept
      I. Designations for Money
      J. History of Theories of the Origin of Money

    INDEX

 
 
 
 
 
Libertarian Press, Inc.
P.O. Box 309
Grove City, PA 16127
(724) 458-5861; Fax (724) 458-5962
e-mail info@libertarianpress.com