“And this thesis is somewhat connected with general social and political observations, because it establishes the fact that the number of consumers is considerably larger than the number of producers, a fact which exercises a not inconsiderable social and political pressure.” FactsPoliticalSocialNumbersExercisePressureConnectedProducersObservationConsumersThesis Author:Hjalmar Schacht
“It has been shown that, in contrast to everything which classical national economy has hitherto taught, not the producer but the consumer is the ruling factor in economic life.” Has BeensEconomyEconomicTaughtFactorsProducersConsumersContrastRulingNational Economy Author:Hjalmar Schacht
