The Economist in the Twentieth Century: And Other Lectures in Political Economy

The Economist in the Twentieth Century: And Other Lectures in Political Economy

The Economist in the Twentieth Century: And Other Lectures in Political Economy

The Economist in the Twentieth Century: And Other Lectures in Political Economy

Excerpt

The lectures which form the main body of this collection are all concerned in one way or another with the general problems of financial and commercial policy as they have presented themselves to the Western World in the period since the war. Although they were not designed as a strictly consecutive argument, I hope they have enough unity of purpose to justify presentation in a single collection. I have added at the beginning a general oration on the position of the economist in the present age and at the end an excursion into the field of international politics; and I have included in an annex a short survey of general economic policy during the war.

In various ways the general themes of the main collection have been the subject of many lectures which I have delivered in recent years, both in the London School of Economics and in several universities and institutions which have done me the honour of inviting me to address them, at Brussels, at Geneva, at Madrid, at Newcastle, at Strasbourg and at Zürich. I should like to take this opportunity to tender to my hosts at all these places sincere gratitude for much hospitality and encouragement. But the final impulse to assemble my material in its present form was provided by an appointment to lecture this summer at the Instituto Brazileiro de Economia at Rio de Janeiro, one of the conditions of which was the delivery of a manuscript to be published in Portuguese in the Revista Brasileira de Economia. Lectures III-VIII are the outcome of this obligation; and I have to thank the authorities of the Instituto for permission to publish here the original English version. I have to thank, too, in a more personal manner, my many friends in that notable centre of study, in particular, its presiding genius . . .

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