Progressiv

e

Calvinsim

- page 3

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Progressive

Calvinism, later

renamed First

Principles in

Morality and

Economics.

Name change: First Principles In Morality and Economics Volume V, 1959 - Moral Aspects of Money, Banking and the Business Cycle  January - The "Field" Of Morality And Economics - Accumulative Versus Multiplicative Cooperation - Charity Has Never Yet Sustained Society - James Madison Vs. Karl Marx On The Origin Of Property - Government Versus Constitution - The American "Tax- Consuming Interest"  February - Ricardo's Law Of Association Operates Simply - Charity, As Psychological And Social Poison - Skepticism Of Security In Old Age - Is Social Security Not Funded But Founded On Coercion? - Types Of Old Age Security: - I. Old Age Security By Saving In Kind - II. Old Age Security Via Charity - III. Old Age Security By Contact - IV. Old Age Security Via Compulsion - Böhm-Bawerk On Certain Aspects Of Capital - How Evaluate Social Security In The United States? - 100 Percent Social Security (A Spurious Seventh Heaven)  March - Which Of These Two Principles Is Christian? - Do We "Need A Vast Expansion Of Social Security"? - Men Want Security And Prosperity; What Is The Real Origin Of Security And Prosperity? - The Only Sense In Which Paper Money Is Social Capital - Böhm-Bawerk's Definition Of Capital - There Are More "Unfounded" Private Pension Plans Than Many Are Aware - The High Evaluation Placed On Social Capital By Communism - Is Social Security "Just" Or "Social"? - The Fallacy In The Attack Of The World Council Of Churches On "Laissez-Faire" Capitalism  April - Proposal On How To "Experiment: With Socialism In The United States - Every Man In Economics Is A Dr. Jekyll And A Mr. Hyde Within Himself - Proposal To Outbid Other Politicians - An Alternative To Denying People The Right To Vote - Marx's Legitimate Critique Of Booms And Depressions - Two Kinds Of Credit—Credit Available By Brokerage And Credit Available By Right To Create Fiat Credit - Examples Of Arguments For Fiat Credit - Knight's Critique Of The Prevailing Protestant Idea About Love  May - One Cause Of A Shortage Of Money - Hume: More Money Merely Raises Prices - Laughlin And Mises On An Important Phase Of An Alleged Money Shortage - The Counterfeiter's Sin - An Unconscious Unfairness Of People Who Demand More Fiat Credit - Not All "Trouble" Is Caused By Sin - Two Objections To Fiat Credit - The Canadian Lady As A Lawmaker - Henry Thornton - Ludwig von Mises - Protestantism's Social Gospel As A Substitute Religious Term For Socialism - Decisions Of The National Council Of Churches Are Reported As Unanimous Unless The Negative Vote Was More Than 25% - An Example Of Questions For Which Bureaucrats Spend Tax Money  June - Russian Interest in American Unemployment - An Explanation Of Preference For Security Over Freedom - John Law, The Scottish Laird Of Lauriston - To Adjust To Economic Reality There Are Two Alternatives, The First Immoral And The Second Moral, Namely, (1) Varying The Quantity Of Money, Or (2) Varying The Prices Of Goods - Matters Of Money Need Not Be Identified With Mammonism - The Demand For Money, In Economic Science - The Worst—Most Dangerous—Clause In Any Of The Articles In The Constitution Of The United States - Applying What Calhoun Wrote About Constitutions To The Specific Case Of Money - Tale Of A Coat  July - The Relationship Between Freedom, Utilitarianism And The Mosaic Law - Morality And Economics Teach The Same Things; But They Present Them Differently - The Quality Theory Of Money - the Origin Of "Natural Money" - The Origin Of "Fiat Money" - Intellectual Confusion About The Dollar Being "Safe" - Unsound Money Breeds Socialism - A New Lord God Almighty - No Fiat Money Will Ever Be The Universal Money Unless The World Has Only One Government - Dismay About A Friend Taking To Bible Reading - Joe Doakes At The Gate - The Consequence Of A Market Economy  August - A Man Who Taught That Business Is Solely For Profit - Is It Maladroit To Say That The Sole Purpose OF Business Is To Earn A Profit - Ludwig von Mises On The Present-Day Significance Of Knowing Something About Economics - Unreasonable Requests Addressed To Union Leaders That They Be Reasonable - Similar Unreasonable Propositions Addressed To Bankers By Themselves - The Remorse Of Big Bankers In 1908 - The Problems Of Banks: To Be Profitable And Liquid - Commodity Credit Versus Circulation Credit - Peel's Bank Act In 1844 In Great Britain - A Bank Law of The United States Patterned After The Famous Peel Bank Act - An Endeavor To Escape The Moral Law - The Quick, Abortive End Of A Sound Eisenhower Credit Policy - Four Things Morally The Same—Circulation Credit, Fictitious Bills, Counterfeit Money, And Theft  September - Inflationism Designed To Help The Poor Really Helps The Rich - Two Public Evils In The United States—Bad Laws Governing Unions And Banks - Menger On "The Nature And Origin Of Money" - Roscher, On False Theories Of Money - A Note On Menger And The Other Austrians, As The Best Primary Source of Economic Information - The Profit Problem Of Banks - Six Different Approaches To The Problem Of Money - "Efficiency" In The Use Of Money—By A Banker, And By His Defalcating Teller - The Conflict Between Efficiency In The Use Of Money And The Demand For Money - How The Zeal For Efficiency In The Use Of Money Manifests Itself In The Way That The Seasonal Demand For Money Is Taken Care Of - The Currency School Versus The Banking School On The Question of Efficiency In The Use Of Money - Ricardo, On The Value Of Gold And Economizing The Use Of Gold - Mises's Summary Of Smith's And Ricardo's Views On Economizing On Money - Hugo Grotius On "Natural Law"  October - Why Socialists Do Not Appreciate Constructive Critique Of Capitalism - Morality Depends Substantially On The Existence Of Private Property - "In Forty Days Nineveh Shall Be Overthrown" - "The Church In Germany Is Dead" - "Cheaper By The Dozen" - Why Standards Of living In Europe Are Lower Than In The United States - The Misesian Explanation Of The Business Cycle - Uncle Frank, A Walking Bank - Economic Definitions Of Various Kinds Of People - Circulation Credit vs. Commodity Credit Again - How Circulation Credit Ruined Frank As A Walking Bank - The Credit Jam In The Great Depression Of 1931-1934 - Are Bankers The Men Who Cause Depressions?  November - Banks Probably Do Not Charge Enough For Some Services Which They Perform - The Quantity Theory Of Money Is Easily Understood - Rejection Of The Quantity Theory Of Money - Money, In A Narrower Sense, And In A Broader Sense - How Gold Exports And Imports Tell Which Country Is Putting Out The Greater Quantity Of Circulation Credit - George Winder's, A Short History Of Money - "Love" In Christian Ethics Should Not Be Used To Designate A Sentiment - The Mess In Corinth - The Testimony Of St. Augustine On Miracles  December - The Cause Of Depressions - Present-Day Protestantism Has, Without Realizing It, Laid A "Moral" Foundation Under Socialism-Communism Volume VI, 1960 - Neoclassical Ideas on Goods, Value, Price, Interest and Exploitation  January - On Beginning Our Sixth Year - Although There Are Fewer Rich Than Poor, There Are More Creditors Than Debtors - The Full Meaning Of Socialism Is Not Easily Understood - Some Inquiries About The Business Outlook In 1960 - The Good Fortune That Interest Has Two Meanings, One Narrow And the Other Broad - What About That Frequent Statement, "You Cannot Say One Economic System Is More Christian Than Another"? - A "Mechanism" Through Which The Wrath Of God Operates In Economics - Money Cranks - The False Claims Of Communists - "Rule Of Law" As Customarily Understood Is Inadequate To Protect Society - A Genuinely Liberal School System  February - "Religion And Culture"—And Economics - The Four Most-Influential Living Protestant Theologians - That Inchoate Proposition Of The Pantheists, "Dust Is God" - A View Of The Cosmology Of The Garden Of Eden - Niebuhr, Barth, Tillich And Nygren On Property Rights - Niebuhr's Disillusionment With Socialism, And His New Solution To Social Problems - Finding One's Way In The Labyrinth Of Economics  March - Economics, As An Ally Of Morality - The Cultural Mandate - Individualism Versus Altruism - Recapitulation Of The Contents Of The February Issue And Introduction To This Issue - The Attack ON Private Property By Those Who Profess The Old-Fashioned Gospel - Unions Which Claim To Be Christian, Differ Between Themselves - Economics, The Science To Make "Selfishness" Efficient - Neither God Nor Man Arbitrarily Legislated Ownership Of Property - How The Economic Concept Of A "Good" Is An Einsteinian "Frame Of Reference" For Ethical Problems - An Analysis To Show Who Gets The "Profit" From New Automation Machines  April - The Prayer Of A Minister Economist - Subjects On Which Theologians And Economists Can and Should Get Together - How Economics Separates The Two Questions, Relation Of Men To Things and The Relation Of Men To Men - Things, Goods, Free Goods, Economic Goods - Goods Move Back And Forth From Free Goods To Economic Goods, And From Goods To Things - Cosmological Good, Moral Good, Economic Good - Subjective Value, Objective Value, And Objective Exchange Value - Nature And Origin Of Subjective Value, As Defined By Böhm-Bawerk - Adam Smith's Unhelpful Remarks On Value - Play On The Word, Subjective, In The Term, Subjective Value - An Analysis To Show Who Gets The "Profit" From New Automation Machines (continues)  May - The Relationship Between Brotherly Love and Price Determination - Böhm- Bawerk, On The Missing "Middle-Term" - The Paradox Of Value - One Wrong Way To Endeavor To Explain The Cheapness Of Bread And The Dearness Of Diamonds (or, The Inappropriateness Of Generalities In Economics Versus What Is Specific) - The Concept Of "Diminishing Utility" - The Concept Of Marginal Utility - Böhm- Bawerk's Chapter On "The Magnitude Of Value; The General Principle; The Law Of Marginal Utility" - Selfishness? Relative To Goods Or To Men!  June - Objectives In Current Issues - How Complex Marginal Utility Becomes in a Highly Organized Exchange Economy, & in a Freely Producing Society - Pursuit Of Self-Welfare As The Foundation of Ethics And Morality - Why The Unions Are So Insistent On Union-Shop Monopoly And On Strike Power (A Case Where 1,000 Times x Is Not Equal To 1,000x) - Attacks In Churches On Rich Men - An Analysis To Show Who Gets The "Profit" From New Automation Machines (Third Instalment)  July - Choose Your Own Physical Goals In Life From The Only Two Choices Available; and "Formal Hedonism" versus The "Contents of Hedonism" - The Great Man Whose Refrain Was, "Our Costs Are Too High" - An Analysis To Show Who Gets The "Profit" From New Automation Machines (Final Installment) - The Question Of The Legitimacy Of Five Percent Interest - Theologians And the Interest Rate - The Origin Of interest - Mises On The Gist Of Böhm-Bawerk's Theory About Interest  August - Note And Appeal To Readers - The Term, Originary Interest, Is Often Misunderstood - The Dual Attack By Socialists-Communists On (1) Freedom And (2) Capitalism - The Grand Economic Paradox - Charles P______ On Making A Profit On Labor - Smith And Ricardo, Founders Of Classical Economics, As The Originators Of The Fallacy That The Source Of All Value Is Labor - Extracts From Böhm- Bawerk's "Historical Survey Of The Exploitation Theory" - Extracts From Böhm- Bawerk's "Critique OF The Exploitation Theory": - A. General Outline of This Critique - B. Rodbertus: - 1. Detailed Prescription Of Rodbertus's Doctrine - 2. Deficiencies Of Rodbertus's System a. The Erroneous Statement That The Value Of Goods Depends On Labor Content b. Böhm-Bawerk's Famous Unrivaled Argument Against The Socialist- Communist Wage Claim, Using The $5,500 Engine As An Illustration' Phase (1), The Argument With One Man On The Job, Phase (2), With Five Men On The Job, c. Ricardo's Exception Which Rodbertus Ignored, And Which Destroys The Thesis Of Both Ricardo And Rodbertus - The Error In The Thinking Of Charles P______ - Reprint Of Böhm- Bawerk's Whole Chapter On The Exploitation Theory  September - Solomon Versus Marx On The Question Of Value - Overvaluation Of Human Foresight In The Marxian Dictum - How Men Avoid Overpricing Land - Most Important Price In The World - Attempts At Tampering With The Originary Interest Rate - Originary Interest must not be Confused with Gross Interest - A Good Book: "Essays In European Economic Thought" - Conservatism, Liberalism, Law-Liberty, Collectivism And Philanthropism  October - It Is Not Difficult: Make Your Descendants Rich - What In Essence Is Meant By "Capitalizing The Income?" - Two Revolutions In Economic Thought - Economic Justice - Many Factors Influence Price, But One Is Chief - Equality Is An Impossible Ideal For Exchange Between Men - Determination Of Price In Isolated Exchange - Determination Of Price With One-Sided Competition Among Byers - Determination Of Price With One-Sided Competition Among Sellers - Calvin On The "Multitude Of Counselors"  November - Determination Of Price With Two-Sided Competition - The Market Price Of Freely Reproduced Goods - Reprint Of Böhm- Bawerk's "Value And Price" - Moses And Christ As Realistic Thinkers  December - Announcement Regarding First Principles In Morality And Economics - The Ambiguous And Defective Dictum, "Supply And Demand Determine Price" - Confusing Cause And Effect In Price Formation - Justice And Injustice In Price Determination Under Four Different Circumstances - Justice—And Mathematical Averages - Labor As A "Commodity" - Potential Injustice" To Employees; The Assumed Case Of Labor—One Buyer (The Employer) And Many Sellers (The Employees) - Four Kinds Of Coercions, And Their Relation To Justice - How The Market Protects The Individual Trader - Relation Between Prosperity, Principles Of Morality And Pricing

Social Action,

Hundred

Nineteen.

 1 - A Diagnosis  2 - The Social Gospel Malady  3 - Overtures Toward Reconciliation In Ethics  4 - Individualism and Altruism

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