Page:The Economic Journal Volume 1.djvu/837

 NOTES AND MEMORANDA 815 Jah'biher fir NationalSkonomie und Statistik Professor Heinrich Dietzel (Bonn)has revived the struggle about the theory of value in an essay entitled "The Classical Theory of Value and the Theory of the Final Degree of Utility" (Vol. XX. 1890). The main line of his argument is to show that the theory of cost of production is better adapted for the explanation of the value of commodities capable of re- production than the theory of utility; the latter, he contends, only comes to the same end ' by terrible round-about ways.' Messrs. Auspitz and Lieben (Vienna), Professor Lehr (Munich), and ?r. Zuckerkandl (Vienna), replied to these statements (Conrad's Jahrbiher, N.S., Vol. XXI.). Dr. von BShm-Bawerk stated the case, and asked the author of the first essay for further explanations. These were given in Pro- fessor Dietzel's essay: "A Contribution towards the Classical Theory of Value and Prices" (Conrad's Jahrb., May 1891). Dr. yon BShm- Bawerk is now preparing a reply, which will be shortly published by the same review. Professor Robert Meyer (Vienna) has contributed the article ' Income' towards the German Dictionary of Social Science; the article on 'Money' will be written by Professor Carl Menget, that on 'Capital' by Dr. yon BShm-Bawerk, that on ' Price' by Dr. Zuckerkandl. A well arranged Survey of Recent Italian Economic Theory  has been published by Dr. Hermann von Schullern-Schrattenhofen. Outside the University Hofrath, Professor Emanuel Hermann (Polytechnical School)inquires into technical questions and their re- lation to problems of political economy.  The third volume of Otto Effertz's Labour and Lad, Outlines of a Phonophysiocratic System treats the theory of socialistic society. s In a second edition of Professor Anton Menger's well-known book, The Right to the Fqdl Produce of Labour, 4 the author completes the account of socialistic ideas, as far as they contain the germ of a new jurisprudence. Professor Kleinwitchter (Czernowitz) has written on lYtoFi.  Some important works of a descriptive and historical character are of Austrian origin: prominent among these is the second volume of Pro- fessor yon Jnama-Sternegg's German Economic History,  bringing down the development of economic life to the twelfth century. Baron F. yon Mensi describes in Austrian Finalwes from 1701 to 17407 the ' ways and  Die theoretische Nationalkonomie Italiens in neuester Zeit. Leipzig: Duncker und Humblot. 1891. 2 Technische Fragen umi Probleme der l/lkswirtschaft. Leipzig, 1891. sozialistischen Gesellschaft. 2. Aufiage. Berlin, 1891  Das Recht auf den vollen Arbeitsertrag, in geschichtlicher Darstellung. gart, Cotta 1891 (the first edition was published in 1886).  Die $taatsromane. Wien, 1891.  Deutsche lirthschaftsgeschichte. II. Bd. Leipzig, 1891. ? Die Finanzen Oesterreichs yon 1701 b/s 1740 nach archivalischen dargetellt. Wien, 1891. Stutt- Quellen
 * Arbeit umi Boden Gxumilinien einer Ponophysiokratie. Bd. iii. Analyse de