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THE ECONOMICS OF SOCIAL

PROBLEMS

Tert-JBooks for Students of

Economics and Civics.

A TEXT-BOOK OF ECONOMICS. By MILTON BRIGGS, M.A.,

B.Sc., F.R.Econ.8. Second Edition.

THE ECONOMICS OF SOCIAL PROBLEMS: AN INTRO

DUCTION TO SOCIAL ECONOMICS. By H. A. SILVERMAN, B.A., Lecturer in Economics to the University of Birmingham and the Workers' Educational Association.

BANKING AND CURRENCY. By W. J. WESTON, M.A , B.Sc.,

Head of the Department of Commerce, The Polytechnic,

London, ECONOMIC HISTORY OF ENGLAND. By MILTON BRIGGS,

M.A., B.Sc., F.R.E con.S.
A SOCIAL HISTORY OF ENGLAND. By FREDERICK BRADSHAW,

D.Sc., M.A., Lecturer in Economic History at Armstrong
College, Newcastle-on-Tyne. Second Edition.

SOCIAL PSYCHOLOGY: A TEXT-BOOK FOR STUDENTS

OF ECONOMICS. By R. H. THOULESS, Ph.D., M.A., Senior
Lecturer in Psychology in the University of Manchester.

THE GOVERNMENT OF GREAT BRITAIN, ITS COLONIES

AND DEPENDENCIES. By A. E. HOGAN, LL.D., and
I. G. POWELL, M.A. Sixth Edition.

THE ELEMENTS OF THE DUTIES AND RIGHTS OF

CITIZENSHIP. By W. D. Asron, M.A., LL.B. Fourth
Edition,

THE ECONOMICS OF
SOCIAL PROBLEMS

AN INTRODUCTION TO SOCIAL ECONOMICS

BY

H. A. SILVERMAN, B.A.

LECTURER IN ECONOMICS TO THE UNIVERSITY OF BIRMINGHAM AND THE

WORKERS' EDUCATIONAL ASSOCIATION
AUTHOR OF THE SUBSTANCE OF ECONOMICS

LONDON: W. B. CLIVE

:

University tutorial Press L.

High Sr., NEW OXFORD ST., W.C.

HBITI S 57

PRINTED IN GREAT BRITAIN BY UNIVERSITY TUTORIAL PRESS LD. AT THE

BURLINGTON PRESS, FOXTON, NEAR CAMBRIDGE

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WHILE there is on the one hand an ample supply of treatises on economic science, and on the other an abundance of books dealing with particular social problems, there appears to be a scarcity of general works that deal in small compass with the economic aspects of every-day social conditions. In this volume I have outlined the economics of the more urgent social problems in the hope that a broad survey may prove useful to the reader interested in these subjects, and serve as an introduction to further study in the more detailed and specialised works.

In writing this book I have assumed no previous knowledge of economic principles on the part of the reader, and have refrained as far as possible from using technical terms. For the student who wishes to inquire more fully into the various problems many references and a fairly representative bibliography have been provided.

I am under a deep obligation to Professor Sir William Ashley and Professor J. H. Muirhead, who read this work in manuscript and offered invaluable criticisms and suggestions. My sincere thanks are due to Mr. H. Hamilton, both for reading the manuscript and for his ready assistance throughout its preparation. I am indebted also to Mr. R. J. Thomson, who read the chapters dealing with labour questions and gave me the benefit of his experience in these matters, and to Mr. R. H. Coats for his kindness in revising the proofs. SOC. ECON.

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