ABSTRACT
THE Grundriss der Sozialökonomik, in which this treatise appears, 2 is planned as a cooperative venture in nine volumes to take the place once held by Schonberg’s Handbuch. It is edited by as distinguished a list of five and forty economists as could be chosen from the generation of Germans younger than Wagner and von Schmoller. That these editors turned to von Wieser for their fundamental section upon economic theory and to Schumpeter for their history of economic doctrines is a piquant triumph for the Austrian school, whose methods, as Schumpeter ventures to remind us, were once bitterly contested in Germany, and whose disciples were long barred from German professorships. 3
