Foreign News: Labor and Character

ECONOMICS OF THE HOUR—J. St. Loe Strachey—Putnam ($2.00).

It is primarily for the British working class that Mr. Strachey writes, yet all he says can be read with much profit by the workers of other countries and by so-called intelligensia, from the struggling student immersed in dry text books to the "hardest-boiled" employer of mankind.

Economics is a subject often treated as an incurable, contagious disease: the people who contract it are segregated by their fellows; the people who escape it take precaution against infection. In Mr. Strachey's book, however, the germs have been...