In completing, at least provisionally, the present work, the author
cherishes the hope that it will be of assistance not only to teachers
and to students in American colleges, but also to citizen-readers
seeking to gain a better and a non-partisan insight into the great
economic problems now claiming the nation's conscience and thought.

F.A.F.

Princeton, N.J., October, 1916.





MODERN ECONOMIC PROBLEMS

PART I RESOURCES AND ECONOMIC ORGANIZATION




CHAPTER I

MATERIAL RESOURCES OF THE NATION

§ 1. Politico-economic problems. § 2. American economic problems
in the past. § 3. Present-day problems: main subjects. § 4. Attempts
to summarize the nation's wealth. § 5. Average wealth and the problem
of distribution. § 6. Changes in the price-standard. § 7. A sum of
capital, not of wealth. § 8. Sources of food supply. § 9. The sources