If the benefits of price and wage controls have been largely illusory, the costs have been very real.
"My topic is the question 'Will Capitalism Survive?' and it might well be subtitled, 'Joseph Schumpeter Revisited.'"
When economic nationalism runs rampant and international trade and commerce disintegrate, a worldwide depression is unavoidable.
We shall scan the span of human affairs, hoping to find some help on that eternal question of the extent and form of one's obligations to his fellow men.
The principal difficulty we face in discussing the urban crisis in America is the fact that so many people keep insisting there is an urban crisis.
The first thing to be said about wage and price fixing is that it is harmful at any time and under any conditions.