The economics of enterprise / by Herbert Joseph Davenport.

Includes index.

Chapter I. Fundamental conditions: man and environment -- Chapter II. Competitive economics: the regime of price -- Chapter III: The regime of price (continued) -- Chapter IV: Specialization and trade related to money -- Chapter V: The adjustment of price -- Chapter VI: Supply determined by cost of production -- Chapter VII: Utility: demand with supply -- Chapter VIII: The significance of cost of production -- Chapter IX: What is production? What things are productive? -- Chapter X: The distributive process: Appointment of proceeds -- Chapter XI: Different bases of cost and distributive shares -- Chapter XII: Land. Rent and instruments as costs: land rent and cost -- Chapter XIII: Urban rents, agricultural rents, and costs -- Chapter XIV: Capitalization vs. cost as determinant of price -- Chapter XV. Capitalization the process of which future incomes achieve present worth -- Chapter XVI. The discharge of debts: Deferred payments -- Chapter XVII, Money, credit, and banking -- Chapter XVIII, Loan, fund, capital -- Chapter XIX. The loan rate: interest -- Chapter XX. Risk, profit, and interest -- Chapter XXI. Capitalization and discount rates -- Chapter XXII. Classification of the factors of production -- Chapter XXIII. Laws of return. Profitable proportions: profitable size -- Chapter XXIV. Distribution and the law of proportions -- Chapter XXV. Costs in corporate and large businesses -- Chapter XXVI. Competition and monopoly -- Chapter XXVII. The social dividend and individual income -- Chapter XXVIII. The distributive analysis in the large.

"In questions of economic theory the writer conceives himself, as among his colleagues of the craft, to be in essentials rather a conservative than an innovator. The Socialists, indeed — with whom he disclaims all theoretical sympathies — seem to him to be the ultra-conservatives in doctrinal positions. Mostly, therefore, his attack upon the moderns is for the violence done by them to the older doctrine, either in the bad choice of the portions to be emphasized, or through attempted additions which in general have brought no gain and have often imposed serious loss. In his own sort, doubtless, he similarly aspires to reformulate or to extend or to reconstruct the established principles and categories, but this rarely or never with the purpose to abandon them or to put in issue or to place in hazard their central and intrinsic truths. As between a reactionary loyalty to the old, and an innovating zeal which reforms only in essentials to destroy, he would choose a middle course — to prune in order to save, to engraft only to complete, to restate only in fundamentals to reaffirm. It is, then, especially with his fellow workers who see nothing good or enduring in the work of the masters, who condemn both superstructure and foundation, whose hope rests solely in building entirely anew, that he finds himself entirely out of sympathy...." -- from the author.