Abstract
IN this slight, but well-reasoned, essay Prof. Lehfeldt contemplates the influence which the present war has had on economic theory. He deals only with consumption and production, “not,” he says, “because the problems of distribution are not urgent, but because there seems to be less that is novel to say about them.” This is surely a remarkable finding in view of the experiments in Germany and France. If there be little novel to say, there must then be many striking new proofs of old tenets of belief.
Economics in the Light of War.
By Prof. R. A. Lehfeldt. Pp. 56. (Johannesburg: The South African School of Mines and Technology; London: Wm. Wesley and Son, 1916.) Price 1s.
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L., A. Economics in the Light of War . Nature 98, 208 (1916). https://doi.org/10.1038/098208a0
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DOI: https://doi.org/10.1038/098208a0