Political economy

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Monograph

Identifikator:: 867647221

URN:: urn:nbn:de:zbw-retromon-93157

Document type:: Monograph

Author:: Chapman, Sydney John http://d-nb.info/gnd/123743141

Title:: Political economy

Place of publication:: London [u.a.]

Publisher:: Williams & Norgate [u.a.]

Year of publication:: 1912

Scope:: 1 Online-Ressource (255 Seiten)

Collection:: Economics Books

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PROBLEMS OF DISTRIBUTION 251 like the atmosphere of reason in which it is enshrouded), made up of thought with just enough of fact to give it substance, and, in between, layer upon layer of more or less highly generalised experience. In this work we have exercised our intellects rather than our senses, in the main, and kept our atten tion focussed on the apex ; but in the present chapter portions of some intermediate layers have been worked through, partly for utili tarian reasons, but partly also to afford an object lesson of the manner in which abstract theory may be an aid, though not the sole agency, in the solution of practical problems. Had the limitations of these volumes per mitted, the same thing might have been done as regards other problems, and it might have been demonstrated that in the settlement of business policy, in matters of taxation and the function of the State with reference to industry, commerce and social conditions, economic theory furnishes, if not complete solutions, at least suggestions and indications without which we could never make a start. At the same time, however, for any handling of these problems worth having, a study of quite another order is called for, namely the study of ends or ideals. To remove all flaws from social conditions

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