Balancing the Economic Controls

A Review of the Economic Studies of the Employment Stabilization Research Institute, University of Minnesota


Russell A. Stevenson and Roland S. Vaile

Balancing the Economic Controls was first published in 1935. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions.

This very readable little book summarizes the economic aspects of the five-year program of research recently concluded by the Employment Stabilization Research Institute. The recommendations made, which are specific and practical, are based on the findings assembled in the course of scores of intensive studies.

The authors discuss the competitive position of Minnesota and the Northwest, the prospects for new industries, what they believe to be the probable future development of the region, where government control of business might be applied beneficially, and what other methods would help remedy present difficulties. The program they outline might be undertaken, they believe, without serious disruption of American economic institutions and with good prospect of bringing about a larger measure of economic stability than has been achieved thus far.

Russell A. Stevenson was dean of the School of Business Administration and director of the Employment Stabilization Research Institute at the University of Minnesota.

Roland S. Vaile was professor of marketing at the University of Minnesota.

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