Note 2 — Chapter I
Reading edition
Seligman, E. R. A., Principles of Economics, New York, 1905, especially pp. 179-82 and 192-93. Bullock, C. J., Introduction to the Study of Economics, especially pp. 162-64. There is no attempt at a psychological treatment in this work, and no clear statement of the meaning of the concept, social. Kinley, David, Money, New York, 1904, pp. 125-26. The social value conception runs through the book. Merriam, L. S., "The Theory of Final Utility in its Relation to Money and the Standard of Deferred Payments," Annals of the American Academy, vol. III; "Money as a Measure of Value," ibid., vol. IV; an unfinished study in the same volume, pp. 969-72, described by Professor J. B. Clark. Ross, E. A., "The Standard of Deferred Payments," ibid., vol. III; "The Total Utility Standard of Deferred Payments," ibid., vol. IV. These articles by Professors Ross and Merriam were written in the course of an interesting controversy between the gentlemen named, Tuttle, C. A., "The Wealth Concept," ibid., vol. I; "The Fundamental Economic Principle," Quarterly Journal of Economics, 1901.