During periods of high prices we are always deluged with remedies, mostly of the sort which require new legislation or prosecutions. At times the remedy in highest popular favor is dissolving the more successful corporations; at other times it is the elimination of the retailer; at still others, it may be government ownership of railroads, or old-age pensions, or prohibition. We are a versatile people, and have numerous remedies to suggest. The Russian mind is simpler, so that for over a century the standard Russian remedy was to kill the nearest Jew. As to actual results it is a question as to whether either Russian or American popular remedies have much effect.
Wednesday, July 21, 2004
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