The Little Less: An Essay in the Political Economy of Restrictionism

The Little Less: An Essay in the Political Economy of Restrictionism

The Little Less: An Essay in the Political Economy of Restrictionism

The Little Less: An Essay in the Political Economy of Restrictionism

Excerpt

The tradition that as a subject of study political economy is dull and dreary may be said to have been originated about the time of Dickens, continued with success by the currency pamphleteers, and nobly maintained in our own time by the authors of Government Blue Books and some of the most eminent scholars in many countries. With the exception of certain gruesome modern works in semi- mathematical form, which have an austere charm of their own, it is generally thought of the ordinary run of writings on this subject that the aridity and obscurity of the text are in direct proportion to the importance of the subject- matter.

The present book is a deliberate attempt to say something of importance on the subject in a way which makes it accessible to the general reader ignorant of the technical jargon. Its claim on public attention is, however, very modest, and its form is deliberately that of an essay in understatement. Its essential lesson is not that a knowledge of political economy will make men better, but that ingnorance of it may cost them dear. Up to the present, the chief non-specialist interest in the economic problems of the . . .

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