In the following pages I have confined myself in the main to those problems of philosophy in regard to which I thought it possible to say something positive and constructive, since merely negative criticism seemed out of place. For this reason, theory of knowledge occupies a larger space than metaphysics in the present volume, and some topics much discussed by philosophers are treated very briefly, if at all. I have derived valuable assistance from unpublished writings of G. E. Moore and J. M. Keynes: from the former, as regards the relations of sense-data to physical objects, and from the latter as regards probability and induction. I have also profited greatly by the criticisms and suggestions of Professor Gilbert Murray.