Originally written as a series of pamphlets and at a time of high unemployment, this volume discusses free trade, monetary policy, wages and employment, economic theory and social legislation.
Table of Contents
Part I The Economic Crisis. I A Short Tract For the Times. II The Crisis. III Free Trade, Tariffs, and the Alternative. IV Public Opinion and Monetary Policy. V Why and How We Must Socialise the Banks. VI The World Economic Outlook From the Standpoint of Labour. VII Wages and Employment. Part II Economics in Theory and Practice. VIII Towards a New Economic Theory. IX The Use and Abuse of Economic Terms. X The Nature of Profits. XI The Abolition of the Wage System. Part III Socialisation XII Public and Semi-Public Concerns. XIII The Essentials of Socialisation. XIV The Method of Social Legislation. XV Why I Am A Socialist.
In 1941 Professor G.H.D. Cole was appointed sub-warden of Nuffield College, Oxford. He was central to the establishment of the Nuffield College Social Reconstruction Survey, which collected a large amount of demographic, economic, and social data. This information was used to advocate for an extensive programme of social reform.