Publisher's Synopsis
Excerpt from The Theory of Prosperity
The industrial Changes Of the past century have not advanced wages nor relieved misery to the degree that economists hoped. Even the most conservative thinker one hundred years ago, could he have foreseen the inventions, economies, and transformations that have taken place since his day, would have predicted a greater advance than has come. It is no wonder that many reformers lay the blame for this lack Of progress on economic laws and try to devise schemes by which they may be circumvented. The equality that has not been brought by economic forces is sought in a com plete social reorganization by which competition is to be displaced.
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