Review
"The subject matter is of the highest degree of abstraction. Taking problems perplexed by the contortions of mathematicians, [the author] has applied some logical principles, expressible in simple English, and some arithmetic, or most elementary algebra, and brought to his aid a few diagrams of outstanding informativeness, and thereby brought us to his conclusions. It is a superb exercise of exposition."--
The Economist"A most elegant piece of economic theory, showing a preference for formal logic rather than...mathematics....An important contribution to economic theory."--
The Financial Times
About the Author
The late J.R. Hicks was formerly Drummond Professor of Political Economy, Oxford University.