Government Aids to the Mining Industry - Scope of Participation Should Aid Private Enterprise

- Organization:
- The American Institute of Mining, Metallurgical, and Petroleum Engineers
- Pages:
- 5
- File Size:
- 810 KB
- Publication Date:
- Jan 1, 1947
Abstract
MUCH has been said in print, and much more that was unprintable, about burdensome controls, taxation, and multiplying restrictive, regulatory, or taxing activities of the Federal Government, but not so much has been said about ways and means whereby the Government can and does render economic assistance. Economics has been defined as the study of men earning a living, and economic assistance to industry as well as to individuals properly should take the form of helping enterprisers to help themselves rather than charity. Proposals to have the Government play Santa Claus must be examined carefully if -only to avoid undue favoritism to politically important persons and downright venality by potentially crooked public officials. Thomas Jefferson is credited with the remark that the best government is the one which governs least. Paternalism is abhorrent to most Americans.
Citation
APA:
(1947) Government Aids to the Mining Industry - Scope of Participation Should Aid Private EnterpriseMLA: Government Aids to the Mining Industry - Scope of Participation Should Aid Private Enterprise. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1947.