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Page 296
In terms of calories - if they mean anything to a professional economist - the potential production of the United States to- day is 150,000 per head per annum against , as we have seen , the beg- garly 2,000 of the ancient empires .
In terms of calories - if they mean anything to a professional economist - the potential production of the United States to- day is 150,000 per head per annum against , as we have seen , the beg- garly 2,000 of the ancient empires .
Page 491
But production had increased steadily . Industrial history shows that the number of man - hours necessary to manufacture a given object was at its height a hundred years ago . Since then man - hours per unit have steadily declined and ...
But production had increased steadily . Industrial history shows that the number of man - hours necessary to manufacture a given object was at its height a hundred years ago . Since then man - hours per unit have steadily declined and ...
Page 494
But such an expansion , of industry is impossible , for then the limits of production would be infinite . Another method of increasing pro- duction under the price system is to produce goods of inferior quality .
But such an expansion , of industry is impossible , for then the limits of production would be infinite . Another method of increasing pro- duction under the price system is to produce goods of inferior quality .
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