Engineering and Contracting, Vol. 52: Devoted to the Economics of Civil Engineering Design and to Methods and Costs of Construction; July December, 1919 (Classic Reprint) - Hardcover

Inhaltsangabe

Excerpt from Engineering and Contracting, Vol. 52: Devoted to the Economics of Civil Engineering Design and to Methods and Costs of Construction; July December, 1919

Although we seriously question the economic wisdom of state marketing of farm products, it is certainly desirable to make the experiment on a moderate scale. North Dakota is a farming state. Seventy per cent of its state legislators are farmers. They are determined to try state marketing of farm products. If careful cost and profit records are kept over a term of years they may be able to persuade other states to try the same experiment. In this manner the theory should receive a thorough test on a progressively larger scale, if it shows real merit.

Idealists are generally inexperienced in economics. Hav ing conceived what seem to them to be ideal social states, they wish to bring their: ideals into immediate universal exist ence. They grow impatient when asked to experiment on'a small scale first. Practical men who have managed business affairs know that few innovations pan out as well as antici pated. Hence their insistence on orderly progress based on small scale experiments. They believe in evolution rather than revolution in economic affairs. Since government is mainly business, they ask that successful business methods be applied in government. Of these methods none has been more successful than experimenting on a moderate scale. Hence the wisdom of the demand that social experiments in America begin with the smaller political units.

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