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The basic facts of economics

Note 3 — FOURTH LESSON THE BASIC FACTS

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For an extended and impressive discussion of the application of natural law to Economics, see “Natural Law in Social Life”, by W. R. Lester, M. A., published by The United Committee for the Taxation of Land Values, 11 Tothill Street, London, S. W. 1, England. For a specific application to the coal industry, see minority report on the bituminous coal problem by Warren S. Blauvelt (formerly of Terre Haute, Ind., latterly of Troy, N. Y.) in the Proceedings of the National [American] Conference on Social Work at its fifty-third session in 1926.

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