On the record
If the laws of economic cycles of expansion and depression were understood, means would at once be searched for to mitigate if not to do away with the swing.
Said by
John Dewey
Source
gutenberg.orgIf the laws of economic cycles of expansion and depression were understood, means would at once be searched for to mitigate if not to do away with the swing.
Dewey argues that understanding economic cycles can prompt actions to mitigate their effects.
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The democratic public is still largely inchoate and unorganized.
Custom consolidates what accident may have originated; established power has a way of legitimizing itself.
What is significant is that access to means of amusement has been rendered easy and cheap beyond anything known in the past.
There are those who speak as if ability to choose between two tickets were a high exercise of individual freedom.