UAR? TERL Y JO URNAL OF ECOINO-MICSences come in for their share of this obloqjuy,on equally cogent grounds. Nor are the economists tflem-selves buoyantly inlldifferent to the rebuke. IProbabli noeconomist to-clay lhas either the har(lihoodl or the inehila-tion to say that the science hllAs n(o)w reacie(l a definitiveforlllulation, either in the (letail of results or as re-ardstlte fundamental features of theory. Tle nearest recentapproach to suelh a position on tle l)alt of an economist ofaccredited stan(ling is perlhap)s to be found in ProfessorMarshal~ls Cambridge address of a year and a half ago.*But these utterances are so far fromi the jaunty confidenceslow l)y the classical economists of hala-f a century a-tgothat wlhat most forcilly strikes the reader of ProfessorMarshall's address is the exceeding mlnoesty and the tin-called-for hiumi 1ity of the spoke esman for the o 01( geni erai-tion." With the economists wio 10are most attenitivelylooed(l to for guidance, uncertailnty as to the definitivrev-alue of what hias lecu (and is beino, donie, and as to whatwe may, witlh effect, take to next, is so common as to sug-gest that indecision is a meritorious Work. Even the HiS-torical Scho(-ol, who made their innovation wvith so muclhof home-grown ap)plause some time back, have been un-able to settle (lowrl contentedly to the pace which they setthemselves