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THE CITIZEN'S LIBRARY

OF

ECONOMICS, POLITICS, AND

SOCIOLOGY

EDITED BY

RICHARD T. ELY, PH.D., LL.D. DIRECTOR OF THE SCHOOL OF ECONOMICS AND POLITICAL SCIENCE, UNIVERSITY OF

WISCONSIN

STUDIES IN THE EVOLUTION OF

INDUSTRIAL SOCIETY

THE CITIZEN'S LIBRARY

THE CITIZEN'S LIBRARY OF ECONOMICS, POLITICS,

AND SOCIOLOGY.

I 2mo.

Half leather.

$1.25 net each.

Studies in the Evolution of Industrial Society

MONOPOLIES AND TRUSTS. By RICHARD T. ELY, PH.D., LL.D.
THE ECONOMICS OF DISTRIBUTION. By John A. HOBSON.
WORLD POLITICS. By Paul S. REINSCH, PH.D., LL.B.
ECONOMIC CRISES. By EDWARD D. Jones, Ph.D.
OUTLINES OF ECONOMICS. By RICHARD T. ELY.
GOVERNMENT IN SWITZERLAND. By JOHN MARTIN VINCENT,

PH.D.
ESSAYS IN THE MONETARY HISTORY OF THE UNITED

STATES. By CHARLES J. BULLOCK, PH.D. SOCIAL CONTROL. By EDWARD A. Ross, Ph.D. HISTORY OF POLITICAL PARTIES IN THE UNITED STATES.

By Jesse Macy, LL.D. MUNICIPAL ENGINEERING AND SANITATION. By M. N.

BAKER, PH.B. DEMOCRACY AND SOCIAL ETHICS. By JANE ADDAMS. COLONIAL GOVERNMENT. By Paul S. REINSCH, PH.D., LL.B. AMERICAN MUNICIPAL PROGRESS. By CHARLES ZUEBLiN. IRRIGATION INSTITUTIONS. By Elwood Mead, C.E., M.S. RAILWAY LEGISLATION IN THE UNITED STATES.

H. Meyer, Ph.D. THE EVOLUTION OF INDUSTRIAL SOCIETY. By RICHARD

T. ELY.

BY

By B.

RICHARD T. ELY, PH.D., LL.D.
PROFESSOR OF POLITICAL ECONOMY AND DIRECTOR OF THE
SCHOOL OF ECONOMICS AND POLITICAL SCIENCE

IN THE UNIVERSITY OF WISCONSIN
AUTHOR OF “ SOCIALISM AND SOCIAL REFORM,"

"MONOPOLIES AND TRUSTS," ETC.

IN PREPARATION.

LABOR PROBLEMS. By Thomas S. Adams, PH.D.
NEWER IDEALS OF PEACE. By JANE ADDAMS.
CUSTOM AND COMPETITION. By RICHARD T. ELY, Ph.D., LL.D.
SOME ETHICAL GAINS THROUGH LEGISLATION. By Mrs.

Florence Kelley.
MONEY. By David KINLEY, PH.D.
BRITISH CITIES AND THEIR PROBLEMS. By Milo Roy

MALTBIE, PH.D. COLONIAL ADMINISTRATION. By Paul S. ReinsCH, PH.D., LL.B. INTRODUCTION TO SOCIAL THEORY. By George E. VINCENT,

Ph.D., and Ralph G. KIMBLE, Ph.D. THE AMERICAN CITY, A PROBLEM OF DEMOCRACY. By

Delos F. Wilcox, Ph.D.

THE MACMILLAN COMPANY,

New York THE MACMILLAN COMPANY

LONDON: MACMILLAN & CO., LTD.

66 FIFTH AVENUE.

1903

All rights reserved

Studies in the Evolution

of Industrial Society

BY

RICHARD T. ELY, Ph.D., LL.D.

PROFESSOR OF POLITICAL ECONOMY AND DIRECTOR OF THE

SCHOOL OF ECONOMICS AND POLITICAL SCIENCE

IN THE UNIVERSITY OF WISCONSIN
AUTHOR OF “ SOCIALISM AND SOCIAL REFORM,"

“ MONOPOLIES AND TRUSTS," ETC.

New York
THE MACMILLAN COMPANY

LONDON: MACMILLAN & CO., LTD.

All rights reserved

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H21.11 Ely

This Book is Dedicated to

MR. JUSTICE OLIVER WENDELL HOLMES

OF THE SUPREME COURT OF THE UNITED STATES

IN APPRECIATION OF THE ENLIGHTENED PHILOSOPHY

SO CONSPICUOUS IN HIS OPINIONS, WHICH IS LAYING

A FIRM FOUNDATION FOR A SUPERSTRUCTURE

OF INDUSTRIAL LIBERTY

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