REVIEWS OF BOOKS ENGLISH Britgsh lnco.?s a?d Property by J. C. STAMP ]?. So., (Publica- tions o{ the London School of Economics) London: P.S. K?N(? & So?. 1916. Price 12s. 6d. Tills connected author one o[ the series of .moaograplts by writers w?th the Loudou School of Ecoaom?cs. The h?s preface says "I have uot attempted to make the book ' reasonable' ?n the ord[uary sense, but to pro- vide a work useful for reference. Tl?e British Income Tax returns form the bases of the study. It is pomated out that these returns are the by product of a system of taxation w?th the object "of raising reveuae w?th the maximum financial result and w?th m?u?mum of ?nconven?ouce, evasion and expense." Such a system o1? taxat?ou has uot g?ven a body of statistics which ate consistent sequeuces and comparable over a number of years. A cltauge ht law or a new method of assessment makes a break ia the sequeuce, although the figures may appear uitder the same tabular head ?n the pubHshe?t official returns. Th?s every ?nvestigator knows and Ire w?11 thank Hr. Stamp ?vho l?as stud?d these legal and adm?nstrat?ve changes for the tables ?n ?vh?ch he g?ves consistent sequences under the various schedules. These figures can he used w?th more conl?den?o ?n economic ?nvestigat?ons in which Br?tish Iucomes are required. Part II g?ves some application o! these statistics ?u the study of the national ?ncome, ?ts distribution, capital and the taxable capacity of Ireland. merous tables, append?ees and references. the national There are nu- T. T. WILLIAMS
