Mining Engineering Editorial

- Organization:
- The American Institute of Mining, Metallurgical, and Petroleum Engineers
- Pages:
- 1
- File Size:
- 66 KB
- Publication Date:
- Jan 11, 1950
Abstract
Direct Versus Indirect Control of the Economy FACED with placing the nation in a state of partial mobilization, it is expedient that it be done in such a way that the national economy and productive capacity are strengthened. The immediate adoption of direct controls such as Axed prices and wages, rationing, manpower controls, and allocations conceivably could destroy the basis of our free economy. Controls breed more of the same and since the present program is a long term project, it should be undertaken within our present business framework so far as possible or until total war makes it impossible.
Citation
APA: (1950) Mining Engineering Editorial
MLA: Mining Engineering Editorial. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1950.