In This Review

The Bogey of Economic Maturity
The Bogey of Economic Maturity
By George Terborgh
Machinery and Allied Products Institute, 1945, 263 pp.

This is a reasoned attempt to refute the school of economic thought, in Britain and America, which holds that our economy is mature, that stagnation will shortly (or has already) set in, and that the state must therefore actively intervene to keep the economic machine going.