The Value of Money

BY F. W. TAUSSIG
Henry Lee Professor of Economics in Harvard University

New edition. Cloth, 8vo, 2 vols., each $2.00

“The book is a notable addition to the literature of political economy. The ease born of thorough familiarity with every part of the subject, and of long practice in successful teaching of mature students, is apparent in style throughout.” New York Evening Post.

“The country is furiously discussing trusts, taxation, railway regulation, banking reform, labor and wages, strikes, trade unionism, socialism, tariff revision, protection, revenue. We have to vote on economic questions, yet who knows where to look for economic instruction that is at once up to date and sound? We have the mathematical economist, the historical economist, the psychological economist, the social reform economist. Where is the common sense, the sane, progressive, practical, broad-minded economist?

“Professor Taussig’s two volumes on ‘The Principles of Economics’ are characterized by the qualities mentioned. Here we have scientific but not pedantic, dry-as-dust, fine-spun, metaphysical, abstract economics. Professor Taussig leaves out much that the average economist treats at great length, but which is in no sense essential. He is vital and unconventional in his treatment of his subjects, he draws his illustrations from our present affairs and situations, and he shows himself enlightened, responsive to the spirit of the age, fair and generous to theories or reform proposals which, often carried to extreme lengths, contain a soul of good. He has given us a refreshing, illuminating, comprehensive and eminently profitable work.”—The Chicago Record-Herald.

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