Social Value: A Study in Economic Theory, Critical and Constructive

by Benjamin M. Anderson

SOCIAL VALUE

A STUDY IN ECONOMIC THEORY CRITICAL AND CONSTRUCTIVE

BY

B. M. ANDERSON, Jr., Ph.D.

Instructor in Political Economy Columbia University

BOSTON AND NEW YORK
HOUGHTON MIFFLIN COMPANY
The Riverside Press Cambridge
1911
COPYRIGHT, 1911, BY HART, SCHAFFNER & MARX
ALL RIGHTS RESERVED
Published November 1911
TO MY FATHER
BENJAMIN M. ANDERSON
OF COLUMBIA, MISSOURI
MY FIRST TEACHER OF
POLITICAL ECONOMY

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PREFACE

This series of books owes its existence to the generosity of Messrs. Hart, Schaffner, and Marx of Chicago, who have shown a special interest in directing the attention of American youth to the study of economic and commercial subjects, and in encouraging the systematic investigation of the problems which vitally affect the business world of to-day. For this purpose they have delegated to the undersigned Committee the task of selecting topics, making all announcements, and awarding prizes annually for those who wish to compete.

In the year ending June 1, 1910, the following topics were assigned:—