25 AUGUST 1917, Page 17

Economic Problems of Peace after War. By W. R. Scott.

(Cam- bridge University Press. 4a. IA. net4—Professor Scott's Jevons Lectures at University College, London, printed in this volume, have a pleasant literary flavour. Seldom do we find an economist quoting Lyly, Otway, Ralegh, Spenser, Camoens, and Plutarch, among other mothers who had apparently nothing to do with the theories of production and exchange. Professor Scott is more concerned to lay down broad principles than to attempt any very definite prediction of what the peace will bring us, and for that reason alone his book deserves attention. It is too often forgotten that the few main principles of economics have not been affected by the war, overwhelming catastrophe though it be, and will apply in the future as in the past.