Excerpt from Science Economic Discussion
The series of articles published in this brochure are the result of a conference, held in the spring of this year, with some of the leaders for the 'new school' of economists. There are now published all of the articles arranged for, with the exception of one by J. B. Clark on the 'Limits of competition, natural and artificial,' which the press of college duties did not allow Professor Clark to prepare. It was the intention that under each of the heads chosen by the new-school men three articles should appear: first, one stating the views of that school; second, a criticism from a member of the orthodox school; third, a rejoinder by the writer criticised. It will be seen that this plan did not meet with perfect success, as some of the critics chose to attack upon somewhat different ground from that chosen by the original contributors. This change of ground was so great in the case of the article by Arthur T. Hadley in reply to Henry C. Adams, that his article is considered to fairly express the views of the old school upon the points in the paper by Richmond M. Smith, and no other criticism of Professor Smith was sought. The first of the series, by Edwin R. A. Seligman, was considered to be historical, and met with no adverse comments from those consulted in regard to it. To the article by Mr. Patten, a reply may be published at a later date.
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