A Successful Experiment
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This edition is associated with Arthur Kitson and a publication year of 1912.
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A Successful Experiment
Author: Arthur Kitson
Year: 1912
Published in: The New Age , 1050, Vol.11, No.26, Oct.1912 IF political historians and economic writers had been as eager to record the experiments and efforts of mankind to achieve economic independence and to discover that form of government most conducive to individual free- dom and public welfare, as they have been to exalt the doings of rulers and to find excuses for those legal privileges which form the basis of our selfish class interests, our political and economic knowledge would doubtless be far more extensive and reliable than it is. Our present day economic problems are certainly not new. From time to time our ancestors undoubtedly attempted to discover a way out of the economic labyrinths. And yet how meagre our knowledge is! One of these problems-which we know has occupied the attention of thinkers in all ages-has been how to provide a safe and satisfactory method of employing national and municipal credit for currency purposes, instead of borrowing the credit of professional bankers and moneylenders. Very early in human history it was known that an industrial community, properly organised, having a stable form of government, and voluntarily submissive to a reasonable
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