Transcript

“The facts of concrete situations,” Dean Donham noted ruefully, “refused to stay within the concepts of our economists, who were thinking in terms of applied economics. In spite of the fact that our reporters were trying to ignore non-economic factors, non-economic facts persisted in coming into situations. By so doing, they forced us to recognize that the problems faced by men of affairs—either public or private—can almost never be treated as problems in applied economics.

“On the other hand, we were impressed with the pervasive nature of human problems as they ran through the concrete reported cases, even though we were not seeking descriptive treatment of the human situations, and indeed did not know how to report the facts.”

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Dean Wallace B. Donham