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MATERIALS FOR THE STUDY

OF BUSINESS

Materials for the Study of Business

Industrial Society. By Leon C. Marshall. 1,082 pages, $4.50, postpaid $4.65. Financial Organization of Society. By H. G. Moulton. 790 pages, $4.00, postpaid $4.12.

Principles of Accounting. By Albert C. Hodge and J. O. McKinsey. 390 pages, $3.00, postpaid $3.10.

Law and Business. By William H. Spencer. 3 vols., $4.50, postpaid $4.62 each. Vol. I. Introduction. 612 pages. Vol. II. Law and the Market. Law and Finance. 670 pages. Vol. III. Law and Labor. Law and Risk-Bearing. Law and the Form of the Business Unit. 654 pages. Business Administration. By Leon C. Marshall. 920 pages, $4.00, postpaid $4.12. Education for Business. By Leverett S. Lyon. 618 pages, $3.50, postpaid $3.60.

Social Studies in Secondary Schools. By a Commission of the Association of

Collegiate Schools of Business. 114pages, boards, $1.00, postpaid $1.10. Forms, Records, and Reports in Personnel Administration. Edited by C. N. Hitchcock. 128 pages, paper, $1.75, postpaid $1.79.

Recent British Economics. By D. H. MacGregor, R. Lennard, and J. A. Hobson. 134 pages, boards, $1.50, postpaid $1.60.

The Worker in Modern Economic Society. By Paul H. Douglas, Curtice N. Hitchcock, and Willard E. Atkins. 962 pages, $4.50, postpaid $4.65. Dumping: A Problem in International Trade. By Jacob Viner, 344 pages, $3.00, postpaid $3.12.

The Economics of Overhead Costs. By J. Maurice Clark, xiv+502 pages, $4.00, postpaid $4.15.

The Packing Industry. By the Institute of American Meat Packers. 358 pages, $3.00, postpaid $3.10.

Risk and Risk-Bearing. By Charles O. Hardy. 400 pages, $3.50, postpaid $3.60.

Readings in Risk and Risk-Bearing. By Charles O. Hardy. 368 pages, $3.50, postpaid $3.60.

Psychological Tests in Business. By Arthur W. Kornhauser and Forrest A. Kingsbury. 194 pages, $1.90, postpaid $2.00.

Managerial Accounting. Volume I. By James O. McKinsey. 655 pages, $4.00, postpaid $4.15.

How to Study. By Arthur W. Kornhauser. 43 pages, paper,

paid 27 cents.

25 cents, post

Farmers' Mutual Fire Insurance in the United States. By V. N. Valgren. 200 pages, $1.90, postpaid $2.00.

An Introduction_to Economic Geography. Volume I. By Wellington D. Jones and Derwent S. Whittlesey. 375 pages and 366 illustrations, $5.00, postpaid $5.25.

Wages and the Family. By Paul H. Douglas. 290 pages, $3.00, postpaid $3.15.

Business Cases and Problems. By L. C. Marshall and others. 363 pages, $3.00, postpaid $3.15.

The Uses of Bank Funds. By Waldo F. Mitchell. 178 pages, $2.00, postpaid $2.10.

THE UNIVERSITY OF CHICAGO PRESS

INDUSTRIAL SOCIETY

THE UNIVERSITY OF CHICAGO PRESS

CHICAGO, ILLINOIS

THE BAKER & TAYLOR COMPANY
NEW YORK

THE CAMBRIDGE UNIVERSITY PRESS

LONDON

THE MARUZEN-KABUSHIKI-KAISHA
TOKYO, OSAKA, KYOTO, FUKUOKA, SENDAI

THE MISSION BOOK COMPANY
SHANGHAI

INDUSTRIAL SOCIETY

A STUDY IN THE STRUCTURE AND FUNCTIONING

OF MODERN ECONOMIC ORGANIZATION

BY

LEON CARROLL MARSHALL

PROFESSOR AND CHAIRMAN OF THE DEPARTMENT OF POLITICAL
ECONOMY, UNIVERSITY OF CHICAGO

ERSITY

101

THE UNIVERSITY OF CHICAGO PRESS

CHICAGO, ILLINOIS

VIRGINTE

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