[Book Reviews]

Abstract

NOTWITHSTANDING the growing attention which is being paid to-day to the importance of the study of economics, there is as yet no real assurance that its teachings are having any deep effect upon the minds of the great mass of business men. It may be that it is yet too early to look for this result. While economics is slowly winning its rightful place in the syllabuses of many professional examinations, it is doubtful whether either the younger or the older practical business man ever has its claims brought before him in a manner which both attracts and ensures his attention. If this end is to be achieved, it can only be through the influence of books specially written with this purpose in view, and it is within this sphere that Sir William Ashley's little book on “Business Economics” has a particular claim. It consists of a reprint of three lectures delivered by him this year at the Commercial College at Copenhagen. Its main purport is to emphasise the importance of overhead charges or expenses in the determination of business policy.

Business Economics.

By Sir William Ashley. Pp viii + 71. (London: Longmans, Green and Co., Ltd., 1926.) 2s. 6d. net.