Wealth and Work (Classic Reprint)

Wealth and Work (Classic Reprint)

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Excerpt from Wealth and Work

I have tried to write a little book for beginners in Economics which shall persuade them to turn to larger works. It is generally agreed that such a book is greatly needed, though many attempts have been made to supply the demand. Both teachers and students will soon judge for themselves whether this book meets their needs, for the laws of economics apply to books on economics, and I would not have it otherwise.

By 'beginners' I mean beginners in economics, and these are of all ages. A lad who is 'mugging up pol. econ.' for an examination will not find here all the little fag-ends of information which he needs to memorise just to avoid a 'plough' but a bright lad will, I hope, find something which will help him to pass with some distinction. Older readers, too, who know only too well that the burning questions of the day are economic in character, will, I trust, find here something which will throw light on these questions and so guide them in forming a sounds and just opinion. In order to help both sorts of students by one and the same book it is necessary to drive a clear road through the heart of the subject, and I have tried to do this.

In a word, I have tried to show what the stuff of economics is, how the economist deals with it, and how it affects the wealth and welfare of both citizen and state.

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