The Next Step: A Plan for Economic World FederationNearing, Scott
History
The Next Step: A Plan for Economic World Federation
Nearing, Scott
Economic history
This is the goal toward which men are working in their efforts to
organize economic life, as they strive to provide a fit dwelling-place
for the descendants of the world's seventeen hundred millions.
WHAT TO READ
No reader should accept the statements made in this book unless they
appeal to his reason and correspond with his experience, nor should he
reject them merely because they run counter to his prejudices or his
convictions. If the subject-matter of the book is as important as the
author believes that it is, the reader should not stop with these brief
chapters, but should search farther. The many recent articles, pamphlets
and books devoted to economic and social reconstruction give an
excellent chance for selection. Here are a few suggestions:
H. deB. Gibbins has written one of the best descriptive books on the
economic changes surrounding the industrial revolution. ("Industry in
England" London, Methuen, 1896.) See also his "Economic and Industrial
Progress of the Century" (London, Chambers, 1903).
Supplement this by reading another old book, "Recent Economic Changes,"
by D.A. Wells. (New York, Appleton, 1898.)
More up to date, and in the same field, are "The Great Society," (Graham
Wallas, New York, Macmillan, 1914, Chapter I); "Economic Consequences of
the Peace," J.M. Keynes, (New York, Harcourt, 1920, Chapter II); "The
Fruits of Victory," Norman Angell (Glasgow, Collins, 1921) Chapters I
and II.
The economic chaos resulting from the war has been described with
journalistic accuracy by Frank A. Vanderlip, American banker, in his
"What Happened to Europe?" (New York, Macmillan, 1919) and in "What Next
in Europe?" (New York, Harcourt, 1922). The European situation is dealt
with in great detail by the "Manchester Guardian Commercial." Beginning
with April 20, 1922, the "Commercial" has published a very complete
series of articles under the general editorship of J.M. Keynes. The
series is entitled "Reconstruction in Europe." "America and the Balance
Sheet of Europe" (J.F. Bass and H.G. Moulton, New York, Ronald Press,
1921) is a study by two experts that goes into great detail with regard
to budgets, public finances, exchange rates and the like. "Our Eleven
Billion Dollars" (Robert Mountsier, New York, Seltzer, 1922) gives the
same facts, brought up to date and popularized.
Public-domain text, read in full here on John Shaqi.
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