SOCIAL CREDIT MEETING

Otago Daily Times, Issue 24630, 11 June 1941, Page 9

SOCIAL CREDIT MEETING

. At * public address given in the Social Credit Hall yesterday Miss M. H. King ■poke on the philosophy of social credit. and indicated the precise points of impact of this philosophy with the artificial barriers built during the ages that had in; mora, recent times been cloaked, in th» familiar phrases, so often spoken by •conomists, financiers, politicians, and theologians, such as "the law of supply and demand." "inflation," "we must economlse.'* V nothing eah be done ,s untii human nature is changed," and so on. All these assertions. Miss King continued, had mo practical bearing on the actual recording mechanism that could be used in the moving of goods and services into consumption up to saturation point to the benefit «fall. Mlas King quoted many instances to show the unreasoned and Sogged resistance 7 to realiiUc progress In

inductive thinking that could be achieved through education in applied economic theory and by the constant checking of theory and Ideas yrith practical Individual .human experience. ' '