The basic facts of economics
A COMMON-SENSE PRIMER FOR ADVANCED STUDENTS
By Louis F. Post
Author’s Edition
WASHINGTON, D. C. 2513 TWELFTH STREET, N. W. 1927
Price Fifty Cents
Copyright, 1927, by Louis F. Post
PRESS OF COLUMBIAN PRINTING CO., INC.
BINDING BY GEO. A. SIMONDS & CO. WASHINGTON, D. C.
Accurate Observation and Clarity of Thought are the Prime Requisites of Economic Study
Publication Committee
Andrew P. Canning, Chairman , Chicago, Ill.
The purpose of this common-sense explanation of Economic phenomena is to disclose and emphasize those comprehensive and familiar primary facts which embody the myriads of secondary facts that are involved in Economic science. To avoid confusing those complicated details is to promote the clear thinking which every Economic problem demands, be the problem one of collegiate study, of political policy, or of business importance.
Louis F. Post
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Table of Contents
PREFACE
The Basic Facts of Economics
I. Human Factors
II. Natural Resource Factors
III. Artificial Objects
IV. Secondary Categories
V. An Illustration of the Productive Process
I. Wages for Labor
II. Rent for Landownership
III. Trade
IV. Money
Questions for Self-Examination
Transcriber’s Notes