Elements of Economics of industry. By Alfred Marshall. (Macmillan and
Co. 3s 6d. i—Professor Marshall has consider- ably modified the contents and the arrangement of this third elision. The changes have been in the way of simplification. Ifo confesses with most admirable frankness previous errors,—the having, on the one band, stated conclusions as absolute when they Were really conditional, and universal when they were particular, and the having, on the other hand, failed to settle questions. He writes : "The feeling grew on me that one who has never read any economics at all is likely to be a more useful man in his generation than one who has read an easy work on economics, and thinks he has mastered the subject sufficiently to derive from it trustworthy guidance in life." A writer of this modest temper commends himself to us in the most emphatic way.
Previous page
