Abstract :
THE MANY suggestions for the solution of our economic difficulties put forward during the past 3 years of the depression are so varied in their proposals and in the principles underlying them that it seems almost hopeless for us to arrive at any concerted action to get us out of our difficulties. This seems to be due to 2 causes: First, an entire lack of common understanding of basic economic principles; and second, a lack of vision on the part of many people to see beyond the horizon of their limited and confining experiences.