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The Balance of Payments

In: Economic Science and Political Economy

Author

Listed:
  • Lionel Robbins

Abstract

The Trust Deed which governs these lectures affords a wide choice of subject-matter. It requires that ‘the lectures shall have as their subject the application of economics and statistics to a practical problem or problems of general interest and that the subject shall be treated from a scientific and not from a party political standpoint’. But beyond the letter of the Deed, there is perhaps implicit a further obligation, namely, to choose a subject which would have been congenial to the distinguished man whom the lectures commemorate. It is not a severe limitation; for little was alien to that vivid and versatile personality. But at least to those who knew him it must be an additional principle of selection.

Suggested Citation

  • Lionel Robbins, 1997. "The Balance of Payments," Palgrave Macmillan Books, in: Susan Howson (ed.), Economic Science and Political Economy, chapter 17, pages 255-271, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-12761-0_18
    DOI: 10.1007/978-1-349-12761-0_18
    as

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