The Economic Utilization of History And Other Economic Studies
The book The Economic Utilization of History And Other Economic Studies was written by author Henry W Henry Walcott Farnam Here you can read free online of The Economic Utilization of History And Other Economic Studies book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Economic Utilization of History And Other Economic Studies a good or bad book?
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For centuries the difficulties of reaching the North Pole seemed almost insurmount- able. One expedition after another had 65 THE ECONOMIC UTILIZATION OF HISTOKY been undertaken only to add a new chapter to the history of failures. When, during the summer of 1909, it was announced that two explorers had independently succeeded in accomplishing this feat, it was also dis- closed that each had contracted in advance Avith certain newspapers for the exclusive right to publish an account of the dis-... covery, which, at the time of making the contract, was still problematical. Two things are significant in this episode : the first is the eagerness mth which discovery is pursued ; the second, the readiness to use a still unmade discovery as the basis of a property right. And if, as has since been proved, one of these expeditions was partly fictitious, this only makes the illustration more striking, as shomng the impalpable foundation upon which a property right may be built up. When the art of aerial navigation was still in its infancy, an insur- ance company advertised itself as pre- pared to underwrite aerial risks.
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