S

Saint Joan,348

Samuelson, Paul A., 2, 16n., 89

Santayana, George, 5

Saving, 428, 429, 430, 431

capitalistic, 429

as going without dinner, 217

motives for, 128-131, 429

owe our lives to, 244-246

as spending, 42

as villain, 85, 127

(See alsoSavings)

Savings, 112 ff.

“cake,” 86-88

and consumption, 116 ff.

ex-ante and ex-post,228

and income, 116 ff.

and investment, 43, 78-97, 142-148, 217-235, 377, 432

and liquidity, 186-188

“printed,” 93

(See alsoSaving)

Say, Jean-Baptiste, 37, 363

Say’s Law, 32-43, 357, 368-371, 418, 427

Scarcity, 302-303

Schmidt, Emerson P., 438

Schultz, Henry, 309n.

Schumpeter, Joseph A., 206n.

Sennholz, Mary, 282n., 354n.

Shaw, Bernard, 171, 346, 348, 398

Shoul, Bernice, 36n., 39

Sinking-funds, 123-127

Small Business Administration, 185

Smith, Adam, 1, 3, 5, 33, 38, 67, 111, 340, 346, 394, 396, 413, 427

Socialism, 385-386, 434

Socialization of investment, 385-390, 434

Southern Railway Co., 176-177, 447

Spadaro, Louis M., 282n.

Speculation, 171-185, 430

Spiegel, Henry William, 2n.

Sraffa, 238

“Stage” theory of history, 382

Stagnationist theory, 234

Standard of value, 312-313

Statics, 69-75, 168-170, 428

(See alsoDynamics; Equilibrium)

Stationary economy, 70 ff.

Statisticians, 27, 29

Statistics, 112, 424

and theory, 112

Stigler, George J., 104n.

Stock market, 94, 172-185

Strachey, Lytton, 86, 171, 441

Sumner, William Graham, 340

Sun-spot theory, 333-336

Supply, curves, 101-103

elasticity of, 308-312

supply function, aggregate, 99

Supply-and-demand theory, 209-211

Swanson, Ernst, W., 438

Sweezy, Paul M., 32n., 41