THOUGHTS FOR THE TIMES
To Stum Depuession and U NEM PLOY MENT.
Profits stand to gain under rising prices and to lose under falling prices, and vice versa with wages. I util some adequate attempt is made to -measure these gains and losses popular assertions will continue to masquerade as economic truths. More than half the industrial strife of the day might he avoided ,y a fearless search into the costs and surpluses in industry and the example of the investigation into American conditions might he followed with advantage in New Zealand.
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Hokitika Guardian, 26 April 1922, Page 2
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92THOUGHTS FOR THE TIMES Hokitika Guardian, 26 April 1922, Page 2
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