INDEX

Abstinence, see SavingAccumulation in a wealthy com-munity, 219-20, see also Capitalaccumulation

“Administered prices”, 268, 270Aggregate Investment, Saving, Sup-ply function, Demand func-tion, see Investment, Saving ,Supply function, Demandfunction

Agriculture and the Trade Cycle ,

314, 329-32

Armstrong, Clement, 347Australia , wage policy in, 269-70Austrian school, 76, 329Authoritarian States, 380, 381Available resources and actual em-ployment, 4

Balance of Trade and changes inmoney-wages, 262-3and Mercantilism, 333, 335-9, 348and future policy, 382Bank charges, 196Bank deposits, 81, 167 194-5

Bank money, in nineteenth century,

308

and GeselTs proposals, 357-8Bank rate, “effectiveness” of, 206the technique, 339Banking system—

and creation of credit, 81-5and rate of interest, 208and future of investment, 378its conditions of lending, 200a suggested reform in, 205-6and wage policy, 267

See also Money , quantity of,and Monetary policyBarbon, N., 359

Basic supplementary cost, see Supple-mentary cost

385

Bavaria , Soviet cabinet in, andGesell, 354

“Bearishness, state of”, in Treatise onMoney , 173-4

“Bears” and rate of interest, 170-71Bentham, J., on “forced saving”, 80on usury, 352-3

Bdhm-Bawerk, E. von, 176 183

n., 214 n.

Bonar Law , A., 350Bond prices, 199-200, 206Booth, Charles, 365“Bottle-necks”, 300-301, 322Brokerage charges, 160Btichi, Dr., 354Budgetary deficit, 98, 128-30Buenos Aires , GeselTs activities in, 354Building societies, 101Bull, John, old nineteenth-centurysaying about, 309 «.

“Bull-bear position” in the Treatiseon Money , 169 n.

“Bulls”, and the rate of interest, 170-171

Business-deposits, 195Business-motive to liquidity, 195-6,see LiquidityButler, H. B., 349 n.

Cairncross, A. K., 364Capital—

and Austrian school, 76, 329cost of production of, 315,

3 r 7 .

demand curve for, in classicaltheory, 175-85

diminishing returns from, 42,81, 114, 289, 305-6durability of, and the TradeCycle, 318

“productivity ” of, 213-17scarcity of, 221, 375-6

2 C