Foreign News: THE CARROT AND THE STICK

The London Economist recently spoke some simple, understandable words to the British people, who are beginning to worry about their competitive economic position in the postwar world:

It is difficult to deny that there is a sluggishness about British actions, public and private, that does not exist elsewhere. . . . There is no active discontent, but also no sparkle or enthusiasm for anything but the various ways of consuming leisure. . . . The causes of [the phenomenon] deserve some inquiry.

The human donkey requires either a carrot in front or a stick behind to goad it into activity. It is fashionable...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!