CONTENTS xi

CHAPTER 14

PAGE

THE CLASSICAL THEORY OF THE RATE OF INTEREST . . 175

Appendix on the Rate of Interest in Marshall’s Principles ofEconomics, Ricardo’s Principles of Political Economy andelsewhere . . . . . . .186

CHAPTER 15

THE PSYCHOLOGICAL AND BUSINESS INCENTIVES TO LIQUIDITY 194CHAPTER 16

SUNDRY OBSERVATIONS ON THE NATURE OF CAPITAL . .210

CHAPTER 17

THE ESSENTIAL PROPERTIES OF INTEREST AND MONEY . 222

CHAPTER 18

THE GENERAL THEORY OF EMPLOYMENT RE-STATED . . 245

BOOK V

MONEY-WAGES AND PRICESCHAPTER 19

CHANGES IN MMONEY-WAGES . . . . .257

Appendix on Prof. Pigou’s Theory of Unemployment . . 272

CHAPTER 20

THE EMPLOYMENT FUNCTIONS ..... 280

CHAPTER 2i

THE THEORY OF PRICES ...... 292