Sunday, January 4, 2009

Common Sense in Project Management or A Treatise on Political Economy

Common Sense in Project Management

Author: Paul Tedesco

Common Sense in Project Management offers project managers a new way to add value, eliminate useless tasks, and empower developers. It enables you to maintain your current project management tools and processes while guiding you through the application of new steps designed to mitigate risks and raise new issues that better support your company and create competitive advantages. Learn how to bring creative problem solving to your projects, divide responsibility among team members, and solve critical problems early in a project-before they become more costly to correct. Discover the types of information gathered throughout the project and learn how that information is used to reach goals.



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A Treatise on Political Economy

Author: Jean Baptiste Say

"Jean-Baptiste Say (1767-1832) has been described as a revolutionary, an author of scholarly books and popular tracts, a social philosopher, a successful entrepreneur - a remarkable Renaissance man. He is best known as author of the law of markets, known as Say's Law, and as the first to coin the term "entrepreneur." Say's concern with the average interested citizen and his zeal for economic education for the masses is most apparent in his classic work, A Treatise on Political Economy." "Readers will see that Say is without doubt a luminary of classical economics. He single-handedly revived the study of political economy from its decline and kept it alive during a difficult period of opposition to liberal ideas. Say had a missionary belief that society will be best served if the principles of political economy are widely disseminated and understood by the citizenry. His organization of the Treatise's subject matter - production, distribution, and consumption of wealth - continues to guide authors of economic textbooks to this day. His treatment of the role of the entrepreneur as a contributor to production different from that of either the manager or the capitalist was the most advanced of his times." In their new introduction, Quddus and Rashid note that present-day readers of this volume will benefit from the remarkable freshness of Say's ideas. The longevity of this volume proves that good ideas can successfully withstand the test of time. The role played by the Treatise in spreading liberal economic ideas and especially laissez-faire and free trade in France, the rest of Europe, and in the newly independent United States must also be appreciated. One suspects Say would have liked nothing better than to have his Treatise attract entrepreneurs, managers, and other non-specialist readers to economics. Given the emphasis on capitalism, free markets and unrestricted global trade republication of this great classic could not be more timely. Political economists,



Table of Contents:
Introduction to the Transaction Editionvii
Preface to the Sixth Edition5
Preface to the Fifth Edition8
Introduction15
Book I.Of the Production of Wealth
Chap. I.Of what is to be understood by the term production61
Chap. II.Of the different kinds of industry, and the mode in which they concur in production63
Chap. III.Of the nature of capital, and the mode in which it concurs in the business of production71
Chap. IV.Of natural agents, that assist in the production of wealth, and specially of land74
Chap. V.On the mode in which industry, capital, and natural agents unite in production77
Chap. VI.Of operations alike common to all branches of industry79
Chap. VII.Of the labour of mankind, of nature, and of machinery respectively85
Chap. VIII.Of the advantages and disadvantages resulting from division of labour; and of the extent to which it may be carried90
Chap. IX.Of the different methods of employing commercial industry, and the mode in which they concur in production99
Chap. X.Of the transformations undergone by capital, in the progress of production105
Chap. XI.Of the formation and multiplication of capital109
Chap. XII.Of unproductive capital118
Chap. XIII.Of immaterial products, or values consumed at the moment of production119
Chap. XIV.Of the right of property127
Chap. XV.Of the demand or market for products132
Chap. XVI.Of the benefits resulting from the quick circulation of money and commodities140
Chap. XVII.Of the effect of governments, intended to influence production143
Sect. 1.Effect of regulations prescribing the nature of products143
Digression--Upon what is called the balance of trade148
Sect. 2.Of the effect of regulations, fixing the manner of production175
Sect. 3.Of privileged trading companies183
Sect. 4.Of regulations affecting the corn trade189
Chap. XVIII.Of the effect upon national wealth, resulting from the productive efforts of public authority199
Chap. XIX.Of colonies and their products203
Chap. XX.Of temporary and permanent emigration, considered in reference to national wealth213
Chap. XXI.Of the nature and uses of money
Sect. 1.General remarks217
Sect. 2.Of the material of money220
Sect. 3.Of the accession of value a commodity receives, by being vested with the character of money224
Sect. 4.Of the utility of coinage; and of the charge of its execution228
Sect. 5.Of alterations of the standard-money234
Sect. 6.Of the reason why money is neither a sign nor a measure240
Sect. 7.Of a peculiarity, that should be attended to, in estimating the sums mentioned in history248
Sect. 8.Of the absence of any fixed ratio of value between one metal and another254
Sect. 9.Of money as it ought to be256
Sect. 10.Of a copper and brass metal coinage261
Sect. 11.Of the preferable form of coined money262
Sect. 12.Of the party on whom the loss of coin by wear should properly fall263
Chap. XXII.Of signs or representatives of money
Sect. 1.Of bills of exchange and letters of credit265
Sect. 2.Of banks of deposite268
Sect. 3.Of banks of circulation or discount, and of bank notes, or convertible paper270
Sect. 4.Of paper-money280
Book II.Of the Distribution of Wealth
Chap. I.Of the basis of value, and of supply and demand284
Chap. II.Of the sources of revenue292
Chap. III.Of real and relative variation of price297
Chap. IV.Of nominal variation of price, and of the peculiar value of bullion and of coin306
Chap. V.Of the manner in which revenue is distributed amongst society314
Chap. VI.Of what branches of production yield the most liberal recompense to productive agency321
Chap. VII.Of the revenue of industry
Sect. 1.Of the profits of industry in general324
Sect. 2.Of the profits of the man of science228
Sect. 3.Of the profits of the master-agent or adventurer in industry229
Sect. 4.Of the profits of the operative labourer332
Sect. 5.Of the independence accruing to the moderns from the advancement of industry340
Chap. VIII.Of the revenue of capital
Sect. 1.Of loans at interest343
Sect. 2.Of the profit of capital354
Sect. 3.Of the employments of capital most beneficial to society357
Chap. IX.Of the revenue of land:
Sect. 1.Of the profit of landed property359
Sect. 2.Of rent365
Chap. X.Of the effect of revenue derived by one nation from another368
Chap. XI.Of the mode in which the quantity of the product affects population
Sect. 1.Of population, as connected with political economy371
Sect. 2.Of the influence of the quality of a national product upon the local distribution of the population381
Book III.Of the Consumption of Wealth
Chap. I.Of the different kinds of consumption387
Chap. II.Of the effect of consumption in general391
Chap. III.Of the effect of productive consumption393
Chap. IV.Of the effect of unproductive consumption in general396
Chap. V.Of individual consumption, its motives and its effects401
Chap. VI.On public consumption
Of the nature and general effect of public consumption412
Of the principal objects of national expenditure421
Of the charge of civil and judicious administration425
Of charges, military and naval429
Of the charges of public instruction432
Of the charges of public benevolent institutions438
Of the charges of public edifices and works441
Chap. VII.Of the actual contributors to public consumption444
Chap. VIII.Of taxation
Sect. 1.Of the effect of all kinds of taxation in general446
Sect. 2.Of the different modes of assessment, and the classes they press upon respectively468
Sect. 3.Of taxation in kind473
Sect. 4.Of the territorial or land-tax of England476
Chap. IX.Of national debt
Sect. 1.Of the contracting debt by national authority, and of its general effect477
Sect. 2.Of public credit, its basis, and the circumstances that endanger its solidity482
Appendix488

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