The Archive · 1934

Its Critics

It is not only the "back to, the [shack" school of economists—those }who., still postulate the "economic man'—who quarrel with this theorem: there is a large and experien-Jeed section of industry which has been more occupied with making money than working out its science, ing formed of men who are not learned enough in economic" dialectic argue on comparative statistics bu: who fear the personal element of national control. The iron laws of Jeconomics may be all very well, they say: but if there is any law human infallibility outside the Varican we have yet to hear of it These, one and all, the magnificent courage of the Roosevelt Administration brushes out of the way. They are the faint-hearts, therefore they must be ignored, while those who screw up sufficient nerve come frankly out with warnings of their fears receive painful "raps" from above, Even more significant from the point.of view of the preamble of the Declaration of Independence are.

covert brandishings of the biz, behind frequent appeals. for ional ce-operation, such as' that in @ recent speech by the Secretary Jof the Department of Agriculture, Mx, Henry A, Wallace: "If selfish, iter prejudices enter in too much,

Programme for the recovery said, Teferring to the national agriculture which he admitted vould ake ten to fifteen years to complete, the nation may find it mecessa eventually as a matter of sel [preservation to use "compulsi

Text read from the printed page and cleaned; old type leaves the occasional error.

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