Excerpt from The Economy and Finance of the War: Being a Discussion of the Real Costs of the War and the Way in Which They Should Be Met The greater part of this little book is constructed from material used in two public lectures delivered in Cambridge under the titles The Economic Costs of the War and The Distribution Of the Costs of the War. Some of the topics treated in it are also discussed in articles which I contributed to the Contemporary Review for December 1915 and April 1916; and a few passages from these articles are, with the kind permission of the Editor, reproduced verbatim. TO obviate misunderstanding, it may be well to say that, while the general lines of analysis here set out would probably be accepted by most competent economists, I should not venture to claim an equal measure of assent for all the practical recommendations. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.