Wealth, Virtual Wealth and Debt - The Solution of the Economic Paradox

New York: E.P. Dutton & Company, 1926. Book. Fair. Hardcover. First American Edition. 8vo - over 7¾" - 9¾" tall. [9], 10-320 pages. Name Index. Subject index. Dedicated to Arthur Kitson, "the British pioneer of the new economics, to whose writings the author owes his initial interest in the fascinating problems of wealth and currency." - dedication page. Soddy [1877-1956] was awarded the 1921 Nobel Prize for Chemistry for his work related to isotopes and the transmutation of elements resulting from radiation. Inspired by Kitson, he began writing about economics in 1921, focussing on monetary policy and the role of energy in economic systems. "Soddy's economic writings were largely ignored in his time, but would later be applied to the development of ecological economics in the late 20th century." - E. Zencey. On page 289 Soddy footnotes the Protocols of the Learned Elders of Zion, stating "It is very widely believed that there has been something akin to an actual financial conspiracy to enslave the world." "But of the existence of a real conspiracy - a conspiracy of silence - on all monetary problems, in the Press and on political platforms, among editors, publishers and economists, who more than any others ought to be alive and awake to their infinite importance - there can be no question whatever." - p.291. "It was indeed a revelation to the author, accustomed to think of the battle for liberty of thought in scientific matters as having been fought and won centuries ago at the time of Galileo and the Inquisition, to find that in economics, as distinct from physics, it has not yet been won at all. If economics were really a science it would not need to protect itself from criticism by a conspiracy of silence." - p.292. Relatively minor marginal ink markings to thirteen pages. Front free endpaper removed. Ink stamp of "Technocracy Inc., Continental Headquarters, New York City" upon half-title. Front hinge starting. Above-average wear to publisher's green cloth. Dust jacket not included. A worthy reading copy of this fascinating study. Fundaburk 2119, Masui p.244..