BY THE SAME AUTHOR. 



EFFECTS OF MACHINERY ON WAGES 



Crown 8vo., 2S. 6d. {Social Science Series. 



OPINIONS OF THE PRESS. 



"Ably reasoned, clearly stated, impartially written, this little 

 book ought to do much good in the way of destroying the delusions 

 of optimism on the one hand, and on the other of indicating the 

 directions in which the remedies for evils, that are admitted to exist, 

 should be sought." Literary World. 



" The essay, it is needless to say, is a model of luminous exposition, 

 after the historical method, of the influences which the progress of 

 machinery has had upon labour and wages." Scotsman, 



"We commend these pages to the careful consideration of all 

 interested in this important question, since it affords the best general 

 view and criticism of the subject that we have come across for a very 

 considerable time." Machinery. 



"Mr. Nicholson has made a most careful study of his subject, and 

 may be termed a master of it. He gives a learned and closely reasoned 

 treatise, which needs to be read and re-read by the student in order 

 to be thoroughly assimilated." Warrington Guardian. 



"Messrs. Sonnenschein & Co. have rendered a service to later economic 

 students by enabling them to acquaint themselves with Prof. Nicholson's 

 essay. Prof. Nicholson is careful to examine both sides of the 

 question, and while his conclusions may be optimistic in their general 

 bearing, he is far from embracing an optimism which is blind to 

 drawbacks and dangers." Economic Journal. 



