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Excerpt from Economics an Introduction for the General Reader
AN apology is needed for adding another to the large num ber of books that attempt to' deal with the whole subject matter of Economics in a single volume. I offer two pleas in extenuation. The first is that nearly all existing introduc tions to the subject are intended primarily for the University student. The pious wish is generally expressed that they may be of use also to the general reader; but the general reader's special needs and opportunities are seldom borne in mind. His needs are different, inasmuch as he has not the guidance of a teacher and the leisure of the student; on the other hand, his opportunities are some compensation for these disadvan tages, since he has usually a practical interest in the economic system and an experience of its working, which the academic student lacks. It seemed, therefore, worth while to try to do for the economic organization as a whole what Bagehot and Mr. Hartley Withers have done for a part of it, the credit system to explain the principles of its construction and working in the language of ordinary life, and with reference to the experience and interests of the ordinary man. While it would need a Bagehot to succeed, I hope that the mere attempt will have done something to make it easier for the general reader to perceive the bearing of economic studies on the political and social problems in which he is interested.
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Paperback. Zustand: New. Print on Demand. This book presents a structured approach to studying economic principles in the context of contemporary business. The author emphasizes the importance of division of labor as the key mechanism that increases mankind's productive output. The book traces the evolution of specialization, from its initial application to individual industries and trades to the advanced subdivision and mechanization seen in modern times. The author places considerable emphasis on the development of machinery as a vital aspect of the division of labor, highlighting its transformative impact on human labor and its contribution to economic growth. The work goes beyond a mere exposition of the benefits of specialization, acknowledging the downsides, such as the potential for monotony and the deleterious effects on workers displaced by machines. Overall, this book offers a comprehensive analysis of the division of labor, offering a critical perspective on its historical evolution and continued relevance in today's business environment. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781330263099_0
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