Excerpt from Social Economics

This book is "full of omissions." It became necessary to make a choice between the early publication of a brief survey of the most important and urgent problems of economic reorganisation and the later publication of a lengthy treatment of such problems, the latter to include closer discussions of suggested solutions. The interest shown by Glasgow audiences at public lectures in the winter and spring (when I was lecturer in Social Economics in the University of Glasgow) seemed to me to suggest that the former might prove of greater value. The chief difficulty thus lay not in writing, but afterwards in reducing the size of a book which quickly grew too large to make any appeal to the general reader. This must be my apology for the omissions, and also for the absence of any attempt to justify the choice of title.

I have endeavoured to emphasise the interrelations of individual economic and social problems in such a way as to bring out the central economic problem.

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