The Standard of Life and Other Studies (Classic Reprint)

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Excerpt from The Standard of Life and Other StudiesNearly every one to-day is interested in questions of social welfare, and more especially in industrial questions. But for those who have not had a prelimin ary training in economics it is sometimes difficult to follow the course of events in the industrial world, and to understand the explanations offered of those events. I have therefore attempted in the first of these studies to bring together in a simple form some of the more fundamental economic ideas, and to show their application in the questions which come before us day by day. More especially I have wished to emphasize the importance, and to explain the actual working of the Standard of Life as the basis of economic progress.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis 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.