Excerpt from An Exposition in Outline of the Relation of Certain Economic Principles to Social Readjustment
The connection between the economic, and the sociological part of this dissertation requires a word of explanation. If there were perfect agreement as to the true principles of economics, it would only be necessary for the writer to postulate those. Principles, and then show that the possibility of effecting, by social action, a more equitable dis tribution of wealth than now prevails, was in accord with them, illustrat ing his thought by reference to some special line or lines of social readjustment. The fact being, however, that there is not entire agree ment as to the true principles of economic theory, it becomes neces sary, for one who would appeal to such principles in support of his social doctrine, to set forth that which he regards as the true economic theory. The outline of economic theory thus required, the writer has endeavored to keep within the bounds which its subordination to the purpose of the essay requires; and he has accordingly confined himself in the main to such a brief statement of the most general principles as should be consistent with an adequately suggestive presentation of the point of view. That he should be entirely successful in giving to each element of economic theory to which reference is made its due promi nence, and no more, is hardly to be expected. In large measure he believes his economic theory to be in accord with that generally accepted by economists, and he has therefore felt at liberty to pass over the field very lightly, and to present in briefest outline so much of it as it seemed necessary to present at all; but at certain points - as in his explanation of interest, which differs somewhat from that of any other writer - he has felt obliged to speak with greater fullness.
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Paperback. Zustand: New. Print on Demand. This comprehensive book delves into the intricate relationship between economics and social reform, exploring the fundamental principles of economics to demonstrate their relevance to our most pressing social issues. The author takes a fresh look at economic theory, particularly with regard to the distribution of wealth, offering a foundation for understanding how economic principles can be applied to effect more equitable wealth distribution. Throughout the book, the author shines a light on the connection between scarce resources like land and the economic rewards that flow from them, while also underscoring the dynamic relationship between wages, interest, and rent. The author ultimately asserts that the standard of living is a crucial factor in determining wages, emphasizing the importance of a high standard of living for all and the need to critically examine the role of private property in land as it pertains to wealth distribution. By providing a fresh perspective on economic theory and demonstrating how it can be applied to social reform, this book offers valuable insights for anyone seeking a deeper understanding of the relationship between economics and social justice. 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 9781330595954_0
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330595954
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