Collected writings of Clarence Edwin Flynn, first series : $b 1929 and earlierFlynn, Clarence Edwin
Religion
Collected writings of Clarence Edwin Flynn, first series : $b 1929 and earlier
Flynn, Clarence Edwin
American literature -- 20th century; Christian literature; Didactic literature
There need be no fear, either, that most of the possibilities of business
have been exhausted. The real world of commercial opportunity has hardly
more than been entered. Our own country is still largely undeveloped in
the use of many helpful products. There are backward communities to be
informed and cultivated. Whoever undertakes this process is a positive
factor in the making of civilization, for the need of these communities
is the greater need concerned. It would be a blessing to them to have a
demand for the tools of more efficient life and work created among them.
Then there are all the vast spaces of the world as yet largely untouched
by these more advanced methods of civilization. There are more people
waiting to be taught the use of means to comfort and efficiency than there
are to manufacture and deliver the products to these prospective
purchasers. Business men should support every sort of civilizing influence
as a means of creating a demand in far countries for what they have
to sell.
Should Prices Be Standardized? (1919)
Thus far in the economic history of America the scale of prices has been
as temporary and uncertain as the indications of the mercury in a
thermometer. Prices have gone up and down for all kinds of reasons, and
indeed they have often seemed to do so without any apparent reason. An
increasing number of people feel that this is not as it should be. It is
not easy to formulate an unfailing remedy, of course. Neither is it
possible to say whether price fixing would prove a success or a failure.
It does look reasonably sure, however, that prices should be stabilized
in some just and proper manner.
There are always those who are ready to tell us that it is not necessary
to attempt to do anything about the price situation. They say that the
scale of prices will automatically take care of itself according to the
operation of the law of supply and demand. This sort of a situation might
do very well if only it existed in some other world than that of fancy.
There probably was a time in the earlier periods of the history of the
market place when the law of supply and demand governed all prices.
That time, however, seems to have passed.
Tradesmen have learned methods by which they can so successfully juggle
the situation as to supply and demand as to entirely reverse the action
of the time-honored law so often invoked in defense of the profiteer. The
cold storage method of preserving eggs, for instance, has been used to
make them cost most during that season of the year when they are most
plentiful, and to be cheapest during that portion of the year when the
greatest number of hens are on a vacation.
Public-domain text, read in full here on John Shaqi.
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