Book Review.

"The Present Condition of Economic Science," by Edward C. Lunt, A. M., Harvard, is a concise systematic discussion of the prevalent opposition to the classic school of economics. It points out with clearness the causes for the dissatisfaction many feel with the methods and aims of the English school in the main, and seemingly fruitless discussions of economics today, and the mistakes made by economists in the past. A concise statement of the English method is made and the criticisms on it given. The new schoolmen find its faults to be in the fact that it is too reductive and too absolute. They hold that results derived from historical research are more reliable than those from a priori principle. They wish to join the question of economics with ethics and sociology, and not consider it as regarding personal interests alone. The author points out that the real difference in the two schools is only a difference of words, and that in truth their aims are the same. The many economic problems that are clamoring for attention should cause the two schools to join forces instead of wasting time disputing over theoretical questions of method. The book is printed in large clear type on excellent paper. The binding is neat and tasteful. [New York and London; G. P. Putnam's Sons. 8 vo. Price 75c.