Page:David Atkins - The Economics of Freedom (1924).pdf/194

 If such conceptions seem untenable to practical-minded materialists who would measure value by its visible products, support may be claimed from two widely separated authorities, the economist and the physicist.

The National Bureau of Economic Research states as follows:

Trautwine states:

In the phraseology of science, the measurable value of effort is equal to the resistance overcome; and, since resistance overcome is obviously the first move toward freedom, this is only the impersonal equivalent of the basic economic equation already put forward, namely:

Now “freedom” is a large quantity—probably far larger than we dream, even though we have done much dreaming. If we have freedom beyond conception it follows that we have a possible flow of economic value beyond conception. As a