Saturday, June 8, 2013

Modern Economic Problems by Frank A. Fetter

Status: One Round of QC (06.08.2013)

EPUB: https://mega.co.nz/#!DYhkiYxD!AIOQPH5lGZ259c5SuyoC1HHXJKFeNPGPhKWWNK6dKKM

Needs new scan:

26, 51, 80, 81, 87, 120, 124, 127, 131, 139, 146, 149, 178, 179, 181, 186, 194, 212, 216, 221, 230, 231, 238, 242, 248, 258, 259, 260, 262, 263, 267, 268, 327, 338, 344, 360, 363, 365, 366, 367, 368, 371, 375, 376, 402, 410, 411, 414, 423, 506, 510, 512, 513, 514, 524, 525, 526, 527, 528, 529, 531, 532, 534, 535, 537, 543, 545, 550, 551, 580, 592, 596, 597, 601

Not bad:

538, 549, 576, 579, 585

Fix Notes:


I changed the look of the copyright page to try to match the first Volume.

Page 22: par. 1: California

For some time after the discovery of gold in Calfornia, gold dust was roughly measured out on the thumb-nail.

Page 54: In the sections right below the Chapter: bimetallism

§ 10. Nature and object of bimetal-ism.

Page 81: par. 0: elementary

[...] mining to keep up the quantity of gold ought to be apparent to any one with the most elemetary understanding of monetary principles.

Page 94: par. 0: ability

The indispensable condition to the exercise of this function by a bank is public confidence in its abilty to fulfil its promise to pay whenever it is due.

Page 101: par. 2: inconvertible

In this view it is overlooked that bank-notes, unlike inconvertable paper money, depend for their value on the credit of the bank, not on their legal-tender quality and on political power.

Page 102: par. 1: predominant

The predominent opinion to-day is that in their economic nature bank-notes share to some extent the character both of private promissory notes and of political paper money.

Page 114: par. 2: manufacturing

Another aspect of this concentration of surplus money and available funds in the larger cities was the comparatively ample provision of banking facilities in the cities and in the manufacturng sections, and imperfect provision in the agricultural districts.

Page 125: par. 0: discount

Then the circulation might be doubled with the same reserves, the proportion thus falling to not less than 20 per cent of outstanding notes, and the rate of discout to customers rising to 13.5 per cent (5 plus 8.5).

Page 139: par. 0: wave-like

[...] in a wavelike manner, going through a somewhat regular series of changes that is called a business cycle.

Page 139: par. 1: precedes

What preceeds has not the appearance of disease, but rather that of exuberant health.

Page 141: par. 0: correspond

But the disturbances are so modified by the particular conditions (of crops, politics, and speculation) that the phenomena never corres-spond exactly in time of occurrence, in duration, or in intensity.

Page 175: par. 1: coöperators

The general plan and principles of local building and loan associations was extended in 1916 to groups of rural co-operators in the joint-stock land banks, enabling them to make loans to their members11; [...]

Page 237: par. 0: elementary

[...] the elemetary principles of foreign exchange is required, and to this we may now turn.

Page 241: Footnote 6 is also on page 235... all on this page until the end of the chapter should be one number higher.

Page 246: interference

§ 1. Military and political motives for inteference with trade.

Page 260: par. 2: monopoly

§ 11. Protection as a monoply measure.

Page 276: par. 0: divisions

The purposes for which the debts are incurred by specially organized districts are mainly indicated in the names (e. g., drainage, irrigation), while the regular political divisons of counties, cities, villages, towns, townships, incur debts for many objects, such as streets, sewage disposal, water supply, electric-light or gas plants, schoolhouses, libraries, and other public buildings.

Page 295: par. 2: products

Goods imported are taxed at the time of entering the country; domestic prod-ducts, such as cigars, spirituous or malt liquors, playing cards, [...]

Page 311: par. 0: distinction

[...] income of husband and wife living together (this distincton, it will be observed, offers a reward of $20 per annum to make marriage a failure).

Page 313: par. 2: administration

Before the adoption of the sixteenth amendment, the need for new revenue in the Taft adminstration led to the enactment, August 5, 1909, of an “excise tax” on corporations, measured by net profits within the taxing period.

Page 341: par. 1: eligible

The national organization was composed of local chapters, to membership in which every one was elegible excepting bankers, lawyers, gamblers, and saloon-keepers.

Page 394: par. 1: experiment

Great Britain, after some exexperiment with a local system, established in 1909 the first national system of “labor exchanges.”

Page 405: par. 0: companies

[...] gation of the business of the large industrial insurance com-ponies, that but 28 per cent of the premiums paid by employers were paid to workmen as indemnity.

Page 446: par. 1: campaign

Despite the fact that frequently in economic legislation the farmer has been the victim, every compaign orator admits that there is no other occupational class that is of greater importance to the nation than are the farmers, or more deserving of prosperity.

Page 462: par. 0: transferring

The greater ease of tranferring landed property in America and the greater mobility of our population have always made it more natural here than in Europe to look upon land as a capital investment.

Page 469: par. 1: coöperation (missing 'ö')

This type of producers’ selling coöperation is proving in America to be far more successful than producers’ co-operation among workingmen; [...]

This form of coöperation, with the related form of consumers’ co-operation that is fostered by it, promises to have a wide extension.

Page 472: par. 0: opportunities

[...] of better opportunties for credit in the agricultural districts was long recognized.

Page 473: par. 1: coöperation (missing 'ö')

These schools and meetings are helping, as are automobiles, good roads, telephones, rural free delivery, better schools, and an active rural press, to destroy the isolation of country life and to make farmers as a class more broadly educated, more co-operative and more public-spirited than the average urbanite.

Page 523: par. 0: coöperation (missing 'ö')

Yet there are some men interested in “large business” who look upon competition as bad, and upon monopoly as having essentially the nature of friendly co-operation.

Page 537: par. 1: Commision

The anti-trust legislation of 1914, passed by the Democratic party to carry out its program, is embodied in two acts: the Clayton Act and the Federal Trade Commision Act.

Page 550: par. 1: numerous

Civilized government requires the use of numer-out material agents to make possible the exercise even of the primary political functions.

Page 693: par. 1: non-existent (matching hyphenation in rest of the book)

But utopian (from utopia, Greek for no place) means nonexistent, and Marxian socialism surely was that.


NOTES:



Page 476, Figure 1 belongs in Chapter 28. I moved it to after Section 1 in Chapter 28.

Page 490, Figure 1 belongs in Chapter 29. I moved it to after Section 1 in Chapter 29.

Page 568 is missing the Caption/Figure information.

Monday, June 3, 2013

The TVA Idea by Dean Russell

Status: One Round of QC (06.03.2013)

EPUB: https://mega.co.nz/#!TUpTCawS!LfQ5zFsAzYLBcnWUipEY62i8ylJh4TMbnM56CplcuNo

Fix Notes:


Page 13: I removed the text of Footnote "1" because it does not make sense in the digital version of the book. It states:

"The source of this reference, as well as all other numerical references, is found on page 101ff."

NOTES:



I removed the References section and moved the footnotes to each individual chapter.


Page 15: par. 1: Two footnote 6s

Not counting the normal river channel, 463,000 acres of this land are now submerged below the normal level of the man-made lakes that TVA has created as a part of its flood control program.6 An additional 128,000 acres are held for flooding when the reservoirs are full.6

Page 62: par. 1: Two footnote 49s

In 1934, the federal government was producing less than one-half of one per cent of all the electricity produced in the United States.49 At the end of 1946, the federal government was producing more than twelve per cent.49

Sunday, June 2, 2013

The History of Banks by Richard Hildreth

Status: One Round of QC (06.02.2013)

EPUB: https://mega.co.nz/#!iBhXUKRT!H_q4QAgGgqGj6sCWF60u3wrV3h12k4x1k0ItYmNX3i4

Fix Notes:


Page 25: par. 0: purchasing

Thousands who had imagined themselves rich, sunk at once into poverty and distress ; and as coin was hardly to be had, and nothing but coin would be accepted in payment, it was difficult to find the means of purchashing the necessaries of life.

Page 28: par. 0: acquiescence

The people at large knew very little about the matter ; but satisfied with the acquiesence of the government and the merchants, they followed in the wake ; and presently things went on exactly as if the Bank had never failed.

Page 33: par. 0: resolve

In this condition of things, the nation, the ministry, and the merchants had not the courage to rosolve upon an instant resumption of specie payments.

Page 33: bottom par.: procedure

Now, what was the natural, certain, and inevitable consequence of this mode of proceedure?

Page 35: par. 0: magnificent

This acknowledgement was attended with an increased intercourse with those states; loans were opened in London on their behalf ; companies were established with large capitals, to work the American mines ; and the most mag-nificient reports were manufactured and circulated, touching the certain profits of these new undertakings.

Page 36: par. 1: disastrous

The resumption of specie payments had nothing to do with the panic of 1825,—except, indeed, that the delay with which that resumption had been attended, had been constantly producing, as I have already shown, a most disasterous influence upon the industry of the country.

Page 52: par. 2: subtleties

An assembly of lawyers rather chose to rest the decision upon legal quibbles and verbal subtilties, at which many of them were sufficiently adroit.

Page 77: par. 0: development

This is contrary to all their experience ; and they wait with fear and trembling for the final developement of this wonderful phenomenon.

Page 80: par. 0: controlled

A change took place in the national administration which did not extend to the Bank; the government were of one party in politics, and those who controled the Bank, of another.

Page 84: par. 3: disbursement

Notwithstanding all that has been said to the contrary, that act of the President’s was clearly legal ; and if we recollect that the charter of the Bank was to expire in less than three years, and that it was necessary seasonably to arrange some other system for the keeping and disburs-ment of the public moneys, we shall be inclined to pronounce that celebrated removal, not only an act of punishment, but an act of prudence.

Page 91: par. 1: improvement in

Such a steady drain, together with the improvementi n business throughout Europe, has raised the rate of interest there ; and this rise will cause to cease that fertilizing tide, which otherwise the Bank of England would try in vain to stop.

Page 106: par. 1: harassing

The gains of the bank are tolerably certain ; but the customers, a far more numerous body, and one in whose welfare, the public have a much deeper stake,—they are kept in a constant state of the most harrassing and servile dependence.

Page 110: par. 2: synonymous

Value, that is price,—for in matters of trade, these two words are synoni-mous,—depends 1st, upon supply, 2nd, upon demand.

Page 111: bottom par.: permanent

For this purpose they are adapted by their capability of being subdivided to almost any degree, without loss; by their small comparative bulk, which enables a large comparative value to be easily carried about and transported from place to place ; and by their capability of receiving a permament imprint, expressive of their weight [...]

Page 118: par. 1: possession

[...] to a certain sum of coin, at a certain place described in the bill, to the possesssion of which coin, the holder of the bill is entitled. In itself a bill of exchange is nothing but a piece of paper; [...]

Book 2 (Page 9) (159 in PDF): par. 1: controlling

With respect to prices, there is an influence exercised over them, upon which political economists have not yet dwelt ; but an influence which exerts a controling power [...]

Book 2 (Page 9) (159 in PDF): par. 2: to run

He, then who knows how liable opinions are to vary, and indeed torun from one extreme to another, will not think it necessary to seek the origin of fluctuation in prices, in the state of the currency.

Book 2 (Page 9) (159 in PDF): bottom par.: independently

Gold and silver have been universally fixed upon as standards of value, independantly of [...]

Book 2 (Page 10) (160 in PDF): bottom par.: American

The Amer-can Congress and the French Convention, exerted all their powers in vain, in attempting to establish, the one, continental bills of credit, and the other, assignats, as a standard of mercantile value.

Saturday, June 1, 2013

Man and Nature in America by Arthur A. Ekirch, Jr.

Status: One Round of QC (06.01.2013)

Library of Congress Catalog Card Number: 63-14925

EPUB: https://mega.co.nz/#!zZgkSb5L!BIQlv2MeuvGLByS066Oj2UwqLtpmbWuymAMx-vyPq0Y

Fix Notes:


Page 12: bottom par. 1: puritanical

“Such simple desires show the modesty of the demands upon nature; yet they also indicate that there were no puritannical restrictions on the use of leisure time or on any pleasant relationship between man and nature.”

Changes:



I made the chapter headings centered, instead of being a sort of "left-centered" heading in the original.

I am tempted to remove the "Man and Nature in America" between the end of the Preface and Chapter 1. It had zero use in a digital version of the book.

Thursday, May 30, 2013

Reflections on the Failure of Socialism by Max Eastman

Status: One Round of QC (05.30.2013)

EPUB: https://mega.co.nz/#!PMxSAZST!A5MB2U57_h-QVh-Wn3rx-hUEA4h-TUOs8t-zecOKILg

Fix Notes:


Page 119: par. 2: million

There are, according to the most conscientious estimates, fourteen millon slaves in GULAG, the slave empire ruled by the Soviet State Police.

Wednesday, May 29, 2013

Property in a Humane Economy by Samuel L. Blumenfeld

Status: One round of QC (05.29.2013)

Based off of ISBN: 0-87548-321-6

EPUB: https://mega.co.nz/#!HNJQTDCI!N6OHxExiUtZbqfDJoHVuaD88bk9L-kciBOelaO64lTg

Fix Notes:


Page 29: par. 1: Mosaic (right at the beginning of this paragraph, it says "2. The Mosaic Law", and throughout the book it is Mosaic).

This right of ownership is presupposed in the details as well as in the broad outlines of the whole Mosiac legislation and by its application throughout Scripture.

Page 123: par. 3: decidedly

John Locke, for example, defined property with a decidely economic emphasis when he wrote:

Page 130: par. 0: differentiation

Like it or not, governments have asserted their responsibility for monetary affairs, virtually without exception, and without differ-entation as to the type of economic system.

Page 136: There are two footnote 13s.

Page 154: par. 1: Number 2 should be italics.

2. Debasement of coins.

Page 177: Footnote 73 is missing.

Page 199: par. 2: fairly

It is, however, a farily radical position. Perhaps we should look at the variants of ownership-by-claiming first.

Page 231-233: Footnote 6 is missing.

Page 267: Index: "Das Christusproblem: Grundlinien zu einer Sozialtheologie" is accidentally between “Christian Socialism,” and "Cicero, Marcus Tullius,"

Page 271: Index: Under "Labor": sacrifice

as scarifice

Page 277: Index: "Tenant in capite" and "Tenant in demesne" should not be the first in "T", and should be located later in the Index.

Fixed:



Page x+: The Introduction was the only chapter with the subheadings on the left-hand side, I made them in the center to match the rest of the book.

Problem in original PDF:



Metadata title was accidentally "Property in a Human Society"

Sunday, May 26, 2013

In Restraint of Trade: The Business Campaign Against Competition, 1918-1938 by Butler Shaffer

Status: One Round of QC (05.26.2013)

EPUB: https://mega.co.nz/#!LB4l2BqB!M18ByAX6mvdGuVi2jTWvXXP_vktlDvMvS4nrg9nqIXE

Fix Notes:



I made the image 1.6 ratio in this book, (1000x1600), instead of the usual 1.5 (800x1200). This may take longer to load on older devices. Hopefully everything runs smoothly.

I removed the ending LvMI information page, and replaced it with the typical EPUB LvMI page.

Page 103: par. 0: employees

“If we continue to adhere strictly to the theory that competition must continue regardless of the fate of the producer, it may become so keen as to deprive him of any return on capital invested and deny a living wage to his employes.”

Page 280: Index: At the end of "Pricing and production information", there should not be a semi-colon at the end, right before "Prigogine, Ilya"

Thursday, May 23, 2013

Two Essays by Ludwig von Mises by Ludwig von Mises

Status: One Round of QC (05.23.2013)

EPUB: https://mega.co.nz/#!ONJSyTQS!CwE3KyNDc092wSmxkA2mmFXO46Jp848SDfrK8s8LXdY

Fix Notes:


Page 62: bottom par. before footnote 2: system

The whole of society, says Lenin, becomes “one office and one factory, with equal work and equal pay,”1 the whole economy will be organized “like the postal sytem.”2

Wednesday, May 22, 2013

The Historical Setting of the Austrian School of Economics by Ludwig von Mises

Status: Few Rounds of QC (05.22.2013)

EPUB: https://mega.co.nz/#!DQpUXA4T!W-gQGxto936Zc3uCR3dB4gRS18QJx6AC2BHsQAeLDkE

Fix Notes:


I decided to just rebuild this one from complete scratch. The book is only 25 pages in the PDF, so it took about two seconds to OCR the thing completely.

I then compared Amnet to mine in order to catch any mistakes I may have missed.

Changelog:

Page 2: par. 3: ex-Dominican (?)

Brentano, the exDominican, inaugurated a line of thought that finally led to Husserl's phenomenology.

Page 4: par. 4: Privat-Seminar

This interest enabled the present writer to organize a PrivatSeminar in the Twenties, to start the Economic Association, and to set up the Austrian Institute for Trade Cycle Research, that later changed its name to the Austrian Institute for Economic Research.

Page 4: bottom par.: Privat-Seminar should be italics.

The Privat-Seminar had no connection whatever with the University or any other institution.

Page 6: Footnote 4: Zeitschrift für Nationalökonomie

Only two chapters, which the author had published before the Anschluss, are preserved: “Böhm-Bawerk und die Brüsseler Zuckerkonvention” and “Böhm-Bawerk und die Konvertierung von Obligationen der einheitlichen Staatsschuld” in Zeitschrift fur Nationalokonomie, Vol. VII and VIII (1936 and 1937).

Page 7: par. 3: neo-positivism + hyper-positivism

We do not have to deal here with the state of affairs as it developed in the age of the neopositivism or hyperpositivism of the twentieth century.

Page 11. par. 0: God-given

[...] convinced that the foremost task of economists was to aid the "people" in the war of liberation they were waging against the "exploiters," and that the Godgiven leaders of the people were the dynasties, especially the Hohenzollern.

Page 12: par. 4: materialist

There was, first of all, radical materalist determinism, a philosophy almost universally accepted in Germany at that time by physicists, chemists, and biologists, although it has never been expressly and clearly formulated.

Page 19: Footnote 1: Missing italics

Cf. Herbert Spencer, The Study of Sociology, 9th edition (London, 1880), p. 217.

Page 21: par. 0: Accidental comma

Today the reaction of statism and socialism is sapping the foundations of Western civilization and well-being,.

Natural Elites, Intellectuals, and the State by Hans-Hermann Hoppe

Status: Few Rounds of QC (05.22.2013)

EPUB: https://mega.co.nz/#!zVIV2SxC!efVMh3KEhqfoaJz4KZ5AwhYda8F8Imnv-M3cvUjwnKs

Based off of:

HTML: http://mises.org/document/1202/Natural-Elites-Intellectuals-and-the-State
PDF: http://mises.org/etexts/intellectuals.pdf

Fix Notes:


There also were a few punctuation mistakes in the HTML version (as in, using "dumb quotes" or "dumb apostrophes" or mistakes with the double hyphen (instead of em dash)).

I fixed all of those to make it consistent in the EPUB.

'%' occured 7 times, I replaced it with the word " percent"