Principles of Economics, Vol. 2 (Classic Reprint) - Softcover

Inhaltsangabe

Excerpt from Principles of Economics, Vol. 2

As was explained in the Translator's Preface to the first volume of the present work, the plan of the original treatise involves a division of the subject-matter into four parts, namely - (I.) Value in Exchange; (II.) Money; (III.) Production; and (IV.) the Revenues of the State. The present volume disposes of Parts III. and IV., and so completes the English translation of Pierson's classical text-book on economics.

The length of the period that has elapsed since the appearance of the first volume of the English version seems to call for an apology on the part of the translator, and he tenders the same herewith. In doing so, he may, perhaps, be allowed to mention two extenuating circumstances. One is, that since the year 1903, when what has come to be known as the "Fiscal Question" was suddenly sprung upon the country, the amount of time and energy at his disposal, after satisfying the claims of a very busy Department of the Public Service, has been greatly restricted. The other is, that a considerable portion of the translation had to be done a second time owing to the accidental destruction of a bundle of the completed manuscript during the translator's absence abroad.

Of the present volume, only that part which deals with Production (i.e. the first 341 pages) was completed in time to permit of its being examined and revised by the late author himself.

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