ABSTRACT

At the present day we have a great man in France Charles Gide, of Paris. His book is probably the most interesting to the ordinary reader, and no student can well afford not to read it. His Principles of Economics is translated into English. Gide, like Adam Smith, is a very practical man, and the section of his book on Labour is a most valuable contribution to the thought of the day. Adam Smith wrote his book and it had very considerable effects. Naturally there were those who came after him and took up the torch and attempted to develop the subject further. The population began to increase by leaps and bounds; the old Poor Law system broke down and labour got into a difficult position. The Trade Union Movement came into existence, the first Trade Union being formed at the end of the 18th century.