The Calcutta Review An Illustrated Monthly(Third Series) April 1943

There is of course no unanimity of opinion regarding the actual definition of these terms as also regarding the details of the process but as the Economist wrote some time cro virtually every serious economist in every country is agreed on the Fain outlines of the diagnosis and there is even a.antititi.measure of agrtement as to the cure. [...] The general result of the whole system of taxation wage adjustments and social expenditure has been a very marked redistribution of the Natiorial Income which in the aggregate was nearly the same per head in 1924 as in 1914." It is expected that this war will lead to a still further redistribution and still greater equalisation for the total effect of the presetat measures points to that direc [...] The monepc„inciple affects in the Arrst instance the course of international trade and secondly the international and national price-levels_ That is to say it affects the national industrial structure of the debtor country only indirectly through the mechanism of trade exchange and price-levels these latter receiving the direct impact. [...] " From this central unity comes the possibility of rconciling apparently opposed views of the universe such as polytheism and monotheism ; in reference to which it may be added as a feature that the Lecturer does not point out that the worship of One Life of the universe under many forms arises out of the monistic view of life while insistence of worship of One God only arises out of the dual [...] looking from the side of the central group to the passing pageant sizes up the latter for the edification of the audience.