Publisher's Synopsis
Excerpt from Economic Problems of Peace After War: The W. Stanley Jevons Lectures at University College, London, in 1917
When the enquiry is stated in this way, there is a difficulty at the start. In so far as reliance must be placed upon previous economic analysis, how far does it apply during a state of war? Is a study of the Economics of War a possibility? If so, what is to be said of patriotism, and is it possible that the two ideas should be reconciled or is any reconciliation required?
The making of arrangements of several kinds for the duration of the war, suggests the conception of the period of hostilities as a species of economic dies non, and one wonders if this view is valid. Again, there is the restriction of individual freedom both by military service and by very many emergency measures, and the problem suggests itself as to what will be the relation of the State to economic activities after the war. Will vested interests in State-control of industry survive the war?
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