People's Pilot, Volume 4, Number 44, Rensselaer, Jasper County, 27 April 1895 — The New Economics. [ARTICLE]

The New Economics.

We hear so much nowadays i of the New Economics that some | definitive writing on the subject lis both valuable and timely. In j the April Arena Prof. Frank I Parsons begins the publication of a very important series of articles outlining the scope of the New Political Economy, and showing wherein it differs upon social and ethical grounds from 1 the orthodox economics of the Manchester school. Pro. Frank Parsons is one of the most able and thoroughly equipped writers on law and economics in the country to-day. He has devoted his life to the study of law and economics, and he is recognized as one bf the most scholarly and authoritative writers on law in the United states. His textbooks are familiar to students all Over the country. He is one of the law lecturers in the Boston University. The paper in this issue deals with “The People’s Highways,” and it should be carefully studied by all who realize the importance of a settlement on the railroad problem. The general .scope of the series will be to deal directly with the great modern economic problem presented in Monopolies. It will cover monopoly in transportation, commerce, manufacture, property, finance, and the mak ing of law. The specific topics will be: “The People’s Highways,” “The People's Lamps,” “Trusts,” “Immoral Dollars,” “Wealth Diffusion” and “Government by and for the People.”