8 THE AMERICAN SCIENCE SERIES. 



POLITICAL ECONOMY. By FRANCIS A. WALKER, President 

 of the Massachusetts Institute of Technology. 



Advanced Course. 8vo. 537 pp. 



"The peculiar merit of this book is its reality. The reader is 

 brought to see the application of the laws of political economy 

 to real facts. He learns the extent to which those laws hold 

 good, and the manner in which they are applied. The subject 

 is divided, as usual, into the three great branches of production, 

 exchange, and distribution. An interesting and suggestive 

 book on consumption is added, which serves to bring in con- 

 veniently the principles of population. The last part of the 

 volume is given to the consideration of various practical appli- 

 cations of economic principles to such questions as those of 

 Banking, Cooperation, Trades' unions, Strikes, Bimetallism, and 

 Protection." The Boston Advertiser. 



Briefer Course. iamo. 402 pp. 



The demand for a briefer manual by the same author for the 

 use of schools in which only a short time can be given to the 

 subject has led to the publication of the present volume. The 

 work of abridgment has been effected mainly through excision, 

 although some structural changes have been made, notably in 

 the parts relating to distribution and consumption. 



From RICHARD T. ELY, Professor in the Johns Hopkins University: 

 " Let one who proposes to teach political economy master, first of 

 all, F. A. Walker's Political Economy." 



From the CHRISTIAN UNION: " Professor Walker is not only an 

 authority in his department, but he is an admirable teacher. His de- 

 finitions are remarkably clear; and though he throws out of his cal- 

 culations all other than merely economic considerations, he does so 

 avowedly, and continuedly reminds the student that other considera- 

 tions do exist a respect for ethics not always paid by preceding 

 writers in the same field. He is also more modern, and shows a 

 more lively appreciation of the living facts of to-day, than most 

 writers of text-books on the subject " 



From THE ACADEMY, London: " With the merits of brevity and 

 clearness, it combines those of forcible statement and original 

 thought. In a condensed, yet readable shape, it presents all the 

 chief doctrines hitherto ascertained in political economy; and sum- 

 marizes with great fairness the arguments on both sides, on those 

 facts which are matters of debate rather than doctrine." 



HENRY HOLT & CO., PUBLISHERS, N. Y. 



