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SELECTIONS AND DOCUMENTS

IN ECONOMICS

EDITED BY

WILLIAM Z. RIPLEY, PH.D.
PROFESSOR OF ECONOMICS, HARVARD UNIVERSITY

SELECTIONS AND DOCUMENTS

IN ECONOMICS

TRUSTS, POOLS AND CORPORATIONS

(Revised Edition)
By William Z. Ripley, Ph.D., Professor of

Political Economy, Harvard University
TRADE UNIONISM AND LABOR

PROBLEMS (Second Series)
By John R. Commons, Professor of Political

Economy, University of Wisconsin
SOCIOLOGY AND SOCIAL PROGRESS

By Thomas N. Carver, Ph.D., Professor of

Political Economy, Harvard University
SELECTED READINGS IN PUBLIC

FINANCE (Second Edition)
By Charles J. Bullock, Ph.D., Professor of

Economics, Harvard University
RAILWAY PROBLEMS (Revised Edition)

By William Z. Ripley, Ph.D., Professor of

Political Economy, Harvard University SELECTED READINGS IN ECONOMICS

By Charles J. Bullock, Ph.D., Professor of

Economics, Harvard University ECONOMIC HISTORY OF THE UNITED

STATES. 1765-1860
By Guy Stevens Callender, late Professor of

Political Economy, Yale University
SELECTED READINGS IN RURAL

ECONOMICS
By Thomas N. Carver, Ph.D., Professor of

Political Economy, Harvard University
READINGS IN SOCIAL PROBLEMS

By Albert Benedict Wolfe, Professor of Economics, University of Texas

SOCIOLOGY AND SOCIAL

PROGRESS

A HANDBOOK FOR STUDENTS OF

SOCIOLOGY

COMPILED BY

THOMAS NIXON CARVER, PH.D., LL.D.

DAVID A. WELLS PROFESSOR OF POLITICAL ECONOMY

IN HARVARD UNIVERSITY

GINN AND COMPANY
BOSTON . NEW YORK CHICAGO LONDON
ATLANTA DALLAS COLUMBUS SAN FRANCISCO

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COPYRIGHT, 1905, BY
THOMAS NIXON CARVER

ALL RIGHTS RESERVED

621.3

The Athenæum Press
GINX AND COMPANY PRO.
PRIETORS · BOSTON.U.S.A.

PREFACE

The problem of human welfare, before which all others seem trivial in comparison, is not to be understood without the widest attainable knowledge of things pertaining to man. Up to the present time the economist is undoubtedly the one who has made the most searching and the most effective study of this problem. But other light is needed and a wider view is necessary than the economist is in the habit of taking. The present volume is compiled for the purpose of presenting to the student, in convenient form, material for this wider view. It is based upon twelve years of college and university teaching. The selections presented are those which the compiler has found by experience to be the most instructive, the most stimulating, and the most thought-provoking. No attempt has been made to select only such passages as embody the compiler's views, or even to select such as are invariably sound and accurate. The fact that a passage has proved brilliantly suggestive and provocative of serious inquiry has, in several cases, been the chief reason for including it.

It is the hope of the compiler that this volume may prove useful both to the college student and to the general reader. In college classes it is designed to be used as supplementary to an elementary text-book, as collateral reading to a course of lectures, or as a basis for class-room discussions. The latter is by far the most effective method yet devised for the teaching of the social sciences, and in connection with this method the compiler ventures to hope that this volume may prove especially useful.

The compiler wishes to express here his gratitude for the many courtesies which he has received from authors and publishers. He is under especial obligation to Messrs. D. Appleton & Co.,

M599718

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