The Natural Economic Order

The Natural Economic Order written by Silvio Gesell, translated by Philip Pye

1929.

• Preface

Part I. Distribution

• Introduction
• Chapter 1. Aim and Method
• Chapter 2. The Right to the Whole Proceeds of Labour
• Chapter 3. Reduction of the Proceeds of Labour through Rent on Land
• Chapter 4. Influence of Transport Costs on Rent and Wages
• Chapter 5. Influence of Social Conditions on Rent and Wages
• Chapter 6. More Precise Definition of Freeland
• Chapter 7. Freeland of the Third Class
• Chapter 8. Influence of Freeland of the Third Class on Rent and Wages
• Chapter 9. Influence of Technical Improvements on Rent and Wages
• Chapter 10. Influence of Scientific Discoveries on Rent and Wages
• Chapter 11. Legislative Interference with Rent and Wages
• Chapter 12. Protective-Duties, Rent and Wages
• Chapter 13. The Entire Wage-Scale is Based on the Labour-Proceeed of the Cultivators of Freeland
• Chapter 14. Influence of capital-interest on Rent and Wages
• Chapter 15. Summary of results attained so far
• Chapter 16. Rent of raw materials and building sites and its relation to the general Law of Wages
• Chapter 17. First general outline of the Law of Wages

Part II. Freeland

• Chapter 1. Meaning of the word Free-Land
• Chapter 2. Free-Land finance
• Chapter 3. Free-Land in practice
• Chapter 4. Effects of Nationalisation of the Land
• Chapter 5. The case for Nationalisation of the Land
• Chapter 6. What Free-Land cannot do

Part III. Money As It Is

• Introduction
• Chapter 1. How the nature of money is revealed
• Chapter 2. The indispensability of money and the indifference of the public to the money-material
• Chapter 3. So-called "Value"
• Chapter 4. Why money can be made of paper
• Chapter 5. The safety and covering of paper-money
• Chapter 6. What should the price of money be?
• Chapter 7. How the price of money can be measured with precision
• Chapter 8. What determines the price of paper-money ?
• Chapter 9. Influences to which Demand and Supply are subject
• Chapter 10. The supply of money
• Chapter 11. The laws of circulation of the present form of money
• Chapter 12. Economic Crises and the conditions necessary to prevent them
• Chapter 13. Reform of the Note-Issue
• Chapter 14. Criterion of the quality of money
• Chapter 15. Why the crude Quantity Theory fails when applied to money

Part IV. Free-Money, or Money As It Should Be

• Introduction
• Chapter 1. Free-Money
• Chapter 2. How the State puts Free-Money in circulation
• Chapter 3. How Free-Money is managed
• Chapter 4. The laws of circulation of Free-Money
• Chapter 5. How Free-Money will be judged
  • Chapter 5 A. The Shopkeeper
  • Chapter 5 B. The Cashier
  • Chapter 5 C. The Exporter
  • Chapter 5 D. The Manufacturer
  • Chapter 5 E. The Usurer
  • Chapter 5 F. The Speculator
  • Chapter 5 G. The Saver
  • Chapter 5 H. The Co-operator
  • Chapter 5 I. The Creditor
  • Chapter 5 J. The Debtor
  • Chapter 5 K. The Unemployment Insurance Office
  • Chapter 5 L. The Disciple of Proudhon
  • Chapter 5 M. The Theorist on Interest
  • Chapter 5 N. The Theorist on Economic Crises
  • Chapter 5 O. The Theorist on Wages
• Chapter 6. The International Exchanges
  • Chapter 6 A. Mechanism of the exchanges
  • Chapter 6 B. Stabilisation of the exchanges: Theory
  • Chapter 6 C. Stabilisation of the exchanges: Practice

Part V. The Free-Money Theory of Interest

• Chapter 1. A Story of Robinson Crusoe
• Chapter 2. Basic Interest
• Chapter 3. Transfer of Basic Interest to the Wares
• Chapter 4. Transfer of Basic Interest to so-called real capital
• Chapter 5. Completion of the Free-Money theory of interest
• Chapter 6. Former attempts at explaining Capital-Interest
• Chapter 7. The components of gross interest
• Chapter 8. Pure Capital-Interest a fixed magnitude

Appendix