An Alphabet of Economics (Classic Reprint)

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Excerpt from An Alphabet of Economics The following Alphabet grew out of an attempt to compile a glossary of economic and political terms for the use of readers of the New Age in general and of students of the system of National Guilds in particular. It developed, however, into a more or less systematic attempt to define economics in terms of the wage system, and, at the same time, to suggest an alternative to it. Though fragmentary, therefore, in appearance, it will be found to contain a consistent criticism of current economic theory, a consistent exposition, however inadequate, of the economic theory held by the new school of National Guildsmen, and consistent suggestions, somewhat shadowy, it is true, towards a social reconstruction. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.