The American economy : principles, practices, and policies / by C. Lowell Harriss.

I. Introduction -- 1. The nature of economics and economizing, 1 -- 2. Production, specialization, and exchange, 19 -- 3. The market economy: a preliminary view, 33 -- II. The resources, income, and production organization of the United States -- 4. Natural resources and capital formation, 53 -- 5. Population: quantity and quality, 76 -- 6. National income: the structure of American production, 97 -- 7. The organization of business, 132 -- 8. The corporation in the American economy: control and management, 157 -- 9. The financing of business: security markets, 171 -- 10. Big business in the United States, 194 -- 11. Labor unions: growth, structure, and objectives, 214 -- 12. Labor unions: bargaining, government's role, problems, and trends, 248 -- III. Money, banking, and the volume of economic activity -- 13. The nature and supply of money, 271 -- 14. The banking system of the United States, 301 -- 15. Bank safety: investment institutions, 333 -- 16. The value and significance of money, 346 -- 17. Employment theory, 361 -- 18. Business fluctuations (Cycles), 392 -- IV. Pricing and the allocation of resources -- 19. Demand, 417 -- 20. The law of supply and demand, 441 -- 21. Cost and supply: firm and industry, 464 -- 22. Price-output adjustment under competition: firm and industry, 486 -- 23. Price-output adjustment under monopoly and oligopoly, 500 -- 24. The sources of monopoly and of restrictions on competition: monopolistic competition, 516 -- 25. Government policies to prevent monopoly and to regulate competition, 532 -- 26. Public utilities, 553 -- V. Distribution of income -- 27. The principle of marginal productivity, 567 -- 28. Wages, 576 -- 29. Unions and wages, 609 -- 30. Rent, 624 -- 31. Interest, 653 -- 32. Profit and loss, 679 -- 33. Income distribution by size and the problem of inequality, 702 -- 34. Social insurance and public assistance, 723 -- 35. Personal finances: the problems of the consumer; insurance, 736 -- VI. International economics -- 36. The role of international trade, 756 -- 37. International payments: currency and financial problems, 784 -- 38. International investment; imperialism; point four, 806 -- 39. Tariffs and government policy on international trade, 825 -- VII. Public finance -- 40. Government spending and budgeting, 847 -- 41. Taxation: principles and practice, 879 -- 42. Taxation: government borrowing, 915 -- VIII. Public policy and economic growth -- 43. Monetary and fiscal policy for economic stabilization, 938 -- 44. Stagnation: inflation; is either a long-run possibility? 962 45. Government farm policy: a case study, 990 -- 46. Economic growth, 1017 -- 47. Political economy in the United States, 1040 -- Index, xvii.