OUTLINES OF ECONOMICS

PROFESSOR OF POLITICAL ECONOMY IN THE SHEFFIELD SCIENTIFIC
SCHOOL OF YALE UNIVERSITY

MAX O. LORENZ

ASSOCIATE STATISTICIAN, INTERSTATE COMMERCE comMission

ALLYN A. YOUNG

PROFESSOR OF ECONOMICS AND FINANCE IN
CORNELL UNIVERSITY

Neim goth
THE MACMILLAN COMPANY
1917

HB

12
5

EGT
1916

COPYRIGHT, 1893,
BY HUNT & EATON.

COPYRIGHT, 1908 AND 1916,
BY THE MACMILLAN COMPANY.

First published elsewhere. Reprinted May, 1900; July, October,
1901; August, 1903; July, September, 1904; July, 1905; January,
August, 1906; July, 1907; April, 1908.

New edition, revised and enlarged, September, October, 1908;
January, August, 1909; December, 1910; August, 1911; June,
1912; May, 1913; January, July, 1914; January, September,
twice, 1915.

Third edition, revised and enlarged, September, 1976. Reprinted
November, 1916.

Reprinted with corrections, August, October, 1917.

Norwood Press
J. S. Cushing Co. – Berwick & Smith Co.

Norwood, Mass., U.S.A.