Date of Award


Document Type


Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 License.




We are facing at the present time one of the greatest depression known in the history of depressions. In order to relieve us of the terrible chaotic condition, the leading economists of the world are presenting many methods which they think will solve the problem. We are told many times in our newspapers and periodicals that things will come out alright in the long run. Well now, to understand precisely what this means, we would have to distinguish between society as a whole and the individuals who make up society.



To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.