28 OCTOBER 1922, Page 25

PUBLIC FINANCE. By M. E. Robinson. (Nisbet. 5s. net.)—This is

the third volume in the series of " Cambridge Economic Handbooks," edited by Mr. J. M. Keynes. The author, who is a Fellow and Lecturer of Newnham, gives a clear account of the various methods of taxation and discusses their comparative merits in a simple and intelligible fashion. The final chapters deal *ith War finance, the post-War burden of debt, and " future policy." We think that Miss Robinson hardly realizes the strength of the practical argument against a capital levy, and we cannot agree with her that " a gentle rise of prices . . . . would do much to ease our present difficulties." But, on the whole, her treatise is both interesting and instructive.