Excerpt from Practical Economics or Studies in Economic PlanningIn these days, that Simple faith has been eclipsed. Our fathers were much less certain of it than our grandfathers, and in our own day it is held at all only by way of obstinate reaction against the pre vailing conditions. Some economists continue to preach the theoretical soundness Of the older doctrine, but even they have to admit that the chance Of' seeing it applied in the modern world, as it was largely applied in Victorian England, has become Very small indeed.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.