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NONTHEMATIC / Vol. 1, No. 2 (Summer 1934)

The scientific situation with reference to the theory of truth is complicated at present... In this paper I shall discuss only one aspect of the problems, and in the simplest way. What follows has to do with things that the natural man feels as self-evident; but the theory must envisage these things.

I consider this article as an experiment in intellectual adjustment in a new country and in a new scientific atmosphere. I will not deal with the realistic school as a whole but almost exclusively with one of its most prominent representatives, Karl Llewellyn.

The collapse of agricultural prices throughout the world which attended, and in some respects, preceded the general depression of 1929 to the present, has produced serious agrarian unrest in every western country and has evoked in most countries more or less serious attempts to restore the position of agriculture through legislation.

In the following, we will attempt to establish how the influence of a single change in demand is transmitted and how far it can extend; in other words, to describe the conditions for the restoration of equilibrium.

Science is not an entity in itself, independent of the mysterious forces of life, and therefore it cannot be separated from its irrational human instruments. Thus there are two problems that challenge us. First, can we exclude certain values, discard them with certainty as non-values, as negative values...Secondly, can we declare that science itself, in the light of its historical development, implies certain values which cannot be discarded? And if this is so, what are the values thus implied?

Review of Book by Oswald Spengler. Spengler's new book, The Hour of Decision, adds little in the way of new ideas to his earlier works—or in fact, to those of a number of other writers around the turn of the century.

In addition this table illustrates the differences in the structure of taxation, and exhibits for the United States the paramount importance of taxation of the corporation itself as against the taxation of personal incomes derived from industrial firms.

The urgency with which the Secretary of Agriculture has repeatedly in the last few months emphasized the importance of the foreign market for American agricultural products makes it appear proper to call attention here briefly to a German investigation which offers interesting material with regard to the question of the position of the American continent in world trade.

Review of book by John Maurice Clark. New York: National Bureau of Economic Research, in cooperation with the Committee on Recent Economic Changes. 1934. 238 pp.

Review of book by A. N. Holcombe. Social Action Series, ed. By Alvin Johnson. New York: Norton. 1933. 148 pp.

Review of book by G. D. H. and Margaret Cole. New York: Knopf. 1933. 624 pp.

Review of book by Jacob Vinder. Day and Hour Series, no. 3. Minneapolis: University of Minnesota Press. 1933. 30 pp.

Review of book by International Labour Office. Studies and Reports, Series B (Economic Conditions) no. 19. Geneva. Boston: World Peace Foundation. 1933. 224 pp.

Review of book by Ray E. Untereiner. Philadelphia: Lippincott. 1933. 162 pp.

Review of book by International Labour Office. Studies and Reports, Series B (Economic Conditions) no. 18. Introductory Studies. Geneva. Boston: World Peace Foundation. 1931. 381 pp.

Review of book by Abraham Epstein. Introduction by Frances Perkins. New York: Smith and Haas. 1933. 680 pp.

Review of book by Ruth M. Kellogg. Social Science Studies, directed by the Social Science Research Committee of the University of Chicago. Chicago: University of Chicago Press. 1933. 192 pp.

Review of book by Kenneth Ingram Wiggs. With an introduction by Henry Clay. London: P.S. King. 1933. 216 pp.

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