TAUSSIG'S "PRINCIPLES OF ECONOMICS".

That Professor Taussig has performed for this generation a service comparable to that performed by J. S. Mill for an earlier one, is an achievement of which all Harvard men may well be proud. As a teacher Professor Taussig has aroused enthusiastic interest in economics among undergraduates, and as a scholar by his pioneer work has commanded the admiration of those who, like himself, have devoted their lives to the study of economic problems. The qualifications that make a god teacher and the talents that make a good scholar are quite distinct. It is the possession of both in such an unusual degree that places the author of the new "Principles of Economics" in the front rank of university professors.