Excerpt from Economic Motives: A Study in the Psychological Foundations of Economic Theory, With Some Reference to Other Social Sciences The following essay grew out Of a doctoral thesis presented at Harvard University in 1919, and it was submitted in the Wells Prize competition In 1920. It seems impossible to find a title that accurately and briefly covers the field of the inquiry. This field may be called the psychological problems and postulates of economics, which are most conspicuous, of course, in the matter relating to Wants, self-interest, Value, Interest and Wages. These psychological questions are concerned, I believe, not only with seeking the chains of causation which make economic behavior what it is, and what it might be, but also with examining the effects of such activities on human welfare. In other words, it appears that there are psychological problems involved in the fullest investigation of Production and Economic Welfare, as well as of Value and Distribution. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.