Chapter I: Front Matter

Transcriber’s Note: Italics are enclosed in _underscores_; boldface text is enclosed in =equals signs= (but there is an actual equals sign in Footnote 1). Additional notes will be found near the end of this ebook.

ECONOMICS FOR HELEN

ECONOMICS FOR
HELEN

BY

HILAIRE BELLOC

J. W. ARROWSMITH (LONDON) LTD.

6 Upper Bedford Place, Russell Square, London

THE FIRST EDITION _of this book was printed on
Hand-made Paper (Medium 8vo) and consisted of 265
numbered copies, of which 250 were for sale. It was
published in March, 1924._

_This_, THE SECOND EDITION _(Crown 8vo), was also
published in March, 1924_.

Printed in Great Britain by
J. W. ARROWSMITH LTD., 11 Quay Street, Bristol

Contents

PART I

THE ELEMENTS

PAGE

I WHAT IS WEALTH? 10

II THE THREE THINGS NECESSARY TO THE PRODUCTION OF WEALTH--
LAND, LABOUR AND CAPITAL 15

III THE PROCESS OF PRODUCTION 27

IV THE THREE PARTS INTO WHICH THE WEALTH PRODUCED NATURALLY
DIVIDES ITSELF--RENT, INTEREST, SUBSISTENCE 33

V EXCHANGE 52

VI FREE TRADE AND PROTECTION 61

VII MONEY 66

PART II

POLITICAL APPLICATIONS

INTRODUCTION 87

PROPERTY--THE CONTROL OF WEALTH 95

THE SERVILE STATE 109

THE CAPITALIST STATE 115

THE DISTRIBUTIVE STATE 124

SOCIALISM 132

INTERNATIONAL EXCHANGE 141

FREE TRADE AND PROTECTION AS POLITICAL ISSUES 150

BANKING 167

NATIONAL LOANS AND TAXATION 189

THE SOCIAL (OR HISTORICAL) VALUE OF MONEY 201

USURY 217

ECONOMIC IMAGINARIES 230

INDEX 243