Professor Kilpatrick’s Page, Awaiting Business Confidence: A Modern Version of an Ancient Superstition
by William H. Kilpatrick - 1938
OUR country has of late been deluged with insistent propaganda (for so it seems by all the signs) that "business confidence" has departed from among us and must somehow be wooed back before the system will again work, as "it should." We need not, for present purposes, debate as to how much of this propaganda is honest it belief in lost confidence or how far it is a calculated device to compass hidden ends. On either basis or with any combination of the two, the immediate facts are the same: the business system refuses to work properly, and the nation suffers.
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