Spencer Heath Archive

Item 908

Pencil notes in a notebook

Spring 1956?

 

White envelope has items 908 – 910.

Arnold Toynbee on Progress & Poverty in 1883.

Book inspired by human misery — Like many others in this.

Human injustice its theme.

“…a fair but delusive panacea.”  p.8

 

“Child of David Ricardo”

 

“Stumbled on Mill’s pamphlets published in 1870”

States a “law of increasing returns, but his theory assumes, after a time, the law of diminishing returns.”

 

Superficially critical only.  S.H.