New Books
1916
The American Economic Review
Known as the Early Journal Content, this set of works include research articles, news, letters, and other writings published in more than 200 of the oldest leading academic journals. The works date from the mid--seventeenth to the early twentieth centuries. We encourage people to read and share the Early Journal Content openly and to tell others that this resource exists. People may post this content online or redistribute in any way for non--commercial purposes. Read more about Early Journal
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... ntent at http://about.jstor.org/participate--jstor/individuals/early-journal--content. JSTOR is a digital library of academic journals, books, and primary source objects. JSTOR helps people discover, use, and build upon a wide range of content through a powerful research and teaching platform, and preserves this content for future generations. JSTOR is part of ITHAKA, a not--for--profit organization that also includes Ithaka S+R and Portico. For more information about JSTOR, please contact support@jstor.org. Reviews of Bookes [March entries, can make them at all conclusive data. The number of variant conditions attached to each price is so great that one finishes reading a page of conclusions based upon such data with a warrantable question in his mind as to whether they are trustworthy. Professor Gras substitutes the concept of "metropolitan ecoinomy" for Schmoller's "national economy" as the historical successor of the "town economy." This is an important proposition. The rise of London to dominance in the corn trade organization presents an historical reality fitting von Thiinen's theorizing about Der isolirte Staat. The initial suggestion comes from Young; Gras perfects the idea. Even the statutory corn policy is shown to be dictated by the needs and ambitions of London. As the problems of marketing are gaining increasing attention of late among economists, producers, and legislators, this insistence upoIn the "metropolitan economy" may be very opportune. Objection is taken by the author to the position held by Aslhley, Cheney, Prothero, Cunningham, and others, wherein they assert the self-sufficiency of the manor and neglect the group idea. Manorial isolation is found to be the exception, not the rule. Tested by statistics of exports, imports, coast and overland trade, the opinions of Gay and Ashley that the inclosures. resulted in a decrease in the volume of corn produced are, according to Gras, wrong; and the explanations of the Tudor agrarian policy resting on this error (e.g., those of Cunningham, Schantz, Faber, et al.) are defective. In view of the numerous obstacles which confront one investigating the early internal trade, especially over a long period of time-dearth of data, indirect reference of data, changes in and promiscuous use of trade nomenclature, local peculiarities, etc., the author is to be congratulated for his excellent rendering of a very difficult essay. RAY B. WESTERFIELD. Yale University. NEW BOOKS BILLIARD, R. La Belgique industrielle et commerciale de demain. (Paris: Berger-Levrault. 1915. Pp. xxii, 276. 4 fr.) BossE, E. Norwegens Volkswirtschaft vom Ausgang de? Hansaperiode bis zur Gegenwart. (Jena: Fisher. 1915.) BRANDT, 0. Die deutsche Industrie im Kriege 1914-1915. (Berlin: Heymann. 1915. Pp. 263. 5 M.) Reviews of Books [March Supplementing the account of village structure in Baden-Powvell, this book gives an excellent description of the administrative workings of the group, with regard to such matters as education, poor relief, sanitation, public works, police and justice. MOORE, M. F. The lands of the Scottish kings in England. London School of Economics. Studies in economics and political science, no. 43. (London: Unwin & Allen. 1915. Pp. xii, 141. 5s.) A careful account, particular rather than general in character, of the course of two groups of scattered manors in the twelfth and thirteenth centuries. POHLE, L. Die deutsche Volkswirtschaft und Kriegszustande. (Leipzig: Deichert. 1915.) PRANGE, 0. Deutschlands Volkswirtschaft nach dem Kriege. (Berlin: Puttkammer & Miihlbrecht. 1915. Pp. 170.)
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