Excerpt from The Elements of Political Economy: With Some Applications to Questions of the Day
The public questions of our day in the United States are deeply affected by economic considerations, and yet the training of mind adequate for an intelligent decision upon economic problems has been very slight. No one who looks into the future can escape the conviction that our national prosperity will depend in no slight degree upon the diffusion of satisfactory economic and political education. There is good reason to suppose that public questions and the economic principles which underlie them can, if properly presented, be understood by the average American youth, whose education is restricted to the high-school or the academy, and it is the youth of the present who are to give direction to our national policy.
This book addresses itself to the task of presenting in a plain and simple form the elementary principles of political economy.
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