Abstract
THE study of economics is of great importance to everyone. We should all know something about capital and interest, and sinking funds and depreciation. The question is whether we should be taught this at school or at college, or whether we should pick it up in our everyday work. We have heard an eminent engineer wax indignant because he had met a university graduate who did not quite understand what crossing a cheque meant. Another complained that few, if any, technical graduates knew at what stage in the transaction a purchase was completed. In questioning a young salesman on this point, he replied that he had bought a ‘business’ dictionary to which he referred when in doubt.
Electrical Engineering Economics: a Study of the Economic Use and Supply of Electricity.
By D. J. Bolton. Pp. xi+305. (London: Chapman and Hall, Ltd., 1928.) 21s. net.
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Electrical Engineering Economics: a Study of the Economic Use and Supply of Electricity . Nature 122, 680 (1928). https://doi.org/10.1038/122680a0
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DOI: https://doi.org/10.1038/122680a0