Short Summary Chapter-by-Chapter

• The Problem:
• Book I: Wages & Capital: definitions + wages are not drawn from capital but from production
• Book II: Population and Subsistence: dispensing with Malthus
• Book III: The Laws of Distribution: looking for the cause of poverty: the laws of distribution. How is production shared between land, labour & capital?
• Book IV: Effect of Material Progress on the Distribution of Wealth: identifying what causes land rents to rise: agglomeration and innovation.
• Book V: The Problem Solved:
• Book VI: The Remedy: dispenses with some other solutions (#1-2 for the right, #3-5 for the left),
• Book VII Justice of the Remedy
• Book VIII Application of the Remedy:
• Book IX Effects of the Remedy:
• Book X The Law of Human Progress:
• Conclusion - The Problem of Individual Life

Full Highlights (& Steve’s Notes in Brackets)

• Preface to the Fourth Edition