Excerpt from Getting and Spending at the Professional Standard of Living: A Study of the Costs of Living an Academic Life Not only the student of standards of living but also the searcher after an art of spending, may find something of interest in these expenditures at a pro fessional standard. It would be a satisfaction, if in addition to making a rift in the darkness now surrounding the nature and the real costs of current spending habits at the professional American standard, this data should in however slight degree, serve to swing discussion of the art of spending from the abstract and normative foundations on which it now rests, to a more concrete and positive basis. Without passing judgment upon the charac ter of the expenditures hereinafter shown, it is still possible to be somewhat enthusiastic about them as promising means for a reasoned examination of ao credited theories and practices in the use of purchas ing power, to consider them in fact, examples of what those who do pronounce upon the art of satis fying wants call wise spending. This picture of the distribution of the satisfactions gained in the use of incomes that range from $1800 to is certainly some index of what spending methods are like when they are both rational and in con formity with the accepted canons of reputable spending. In particular, the schedules give special opportunity to inspect and discuss those wants for higher goods generally and traditionally taken to be the criterion of the consumer's rationality. 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.