– August 14, 1950

Research Reports – 08/14/1950

Apparently production in this country can readily be expanded in the short run by increasing the effectiveness and efficiency of the three factors of production. The factors of production are not already being used as effectively as they could be largely because of restrictions imposed by the Federal Government and other agencies. Therefore, it would seem to be wise to eliminate the restrictions that now exist rather than try to put American industry in a new strait-jacket of unnecessary controls. We can increase production substantially if we only choose to do so. 


AIER Staff

Founded in 1933, The American Institute for Economic Research (AIER) educates people on the value of personal freedom, free enterprise, property rights, limited government, and sound money. AIER’s ongoing scientific research demonstrates the importance of these principles in advancing peace, prosperity, and human progress.

Get notified of new articles from AIER Staff and AIER.