Lehrbuch der Nationalökonomie

In his five-volume encyclopedic synthesis of economics up to his time, Pesch (1854-1926) developed the solidaristic economic system as an alternative to both individualistic capitalism and collective socialism. Unlike most modern economists, he avoids mathematical symbols and bases his claim to science on the systematic manner he uses to presents the course of the economic process from production to exchange and the pricing process, to income and the basis for distributing it among the various factors that contribute to the production of goods and services. Edwin Mellen is dividing each original volume into two, paged and indexed separately. Rupert J. Ederer (economics, State U. of New York-Buffalo) translates from the final German edition of each, for the first volume, the 1924 edition, revised from 1904 and 1904 editions. Annotation c. Book News, Inc., Portland, OR (booknews.com)