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by John Rae
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The first of three major books by the then assistant editor of the Contemporary Review: it was followed in 1894 by Eight Hours for Work and in 1895 by his admirable Life of Adam Smith. Rae's description of contemporary socialism includes studies of Ferdinand Lassalle, Karl Marx, The Federalism of Carl Marlo, the Christian Socialists, Henry George, the Federalism of Carl Marlo and Russian Nihilism.
John Rae wrote on a number of scientific subjects, but it is for his contribution to economics that he is best remembered.
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