Spencer Heath Archive

Item 1903

Marginal penciling on page 12 of John M. Clark, “Economic Means to What Ends — A Problem in the Teaching of Economics,” The Hazen Pamphlets No. 28, reprinted from College Teaching & Christian Values, Committee on Undergraduate Teaching of Economics, American Economic Association Press, 1951

White envelope has items 1903 & 1904.

/Clark:  “The pursuit of profits may be consistent with maintaining good human conditions on the job, but it is not by itself a guarantee. It has in the past led to sweatshop conditions or other abuses.”/

This slanders it. The “abuses” result from the precariousness imposed by government on new-born improvements in economic organization.