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Mr. Murray's List of New and Recent Publications July, 1890

THE PHYSIOLOGY OF INDUSTRY;

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BEING AN EXPOSURE OF CERTAIN FALLACIES IN EXISTING THEORIES OF ECONOMICS.

By A.F. MUMMERY and J.A. HOBSON.

Crown 8vo. 6s.

"This is one of the most remarkable contributions to the economic controversy lately seen. The authors set themselves out as antagonistic to most of the received theories, and especially to controvert Mill's position that 'saving enriches, and spending impoverishes the community along with the individual.' The argument is full of acute observation, and the industrial process, as we may call it, is exposed to a careful scientific dissection.... The volume is eminently readable and valuable."--North British Economist.

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