¹ Gay, Edwin Francis, “The Rhythm of History,” Harvard Graduates' Magazine, XXXII (1923-1924), 12.Google Scholar

² Moreover, when the “entrepreneur” had been adopted in English (and American) economic theory, he was a colorless personage, and he remained colorless and unchanged down to Marshall and Keynes, perhaps because economic theorists have known so little economic history, and economic historians have paid so little attention to economic theory.

³ Say, Jean-Baptiste, Catechism of Political Economy (London, 1816), pp. 28–29Google Scholar. The French edition appeared in 1815.

⁴ Under this concept, the problems posed by Ripley, Berle, Means, and Burnham become almost side issues. They relate to the pressures and strategies in corporate government-much as pressures and strategies in the sharing of public benefits relate to political government.

⁵ The responsibility of choice by entrepreneurship among possible innovations applies quite as much to technological changes as to others. After a choice is made, there is the need of adjusting new techniques into a pre-existing system of operation, with possible alterations in nearly all phases from wage scales to marketing.

¹⁵ The differentiation intended between “stages” and “longitudinal segments of change” is between a word that seems to mean action or conditions in specific periods of time, and a phrase which, it is hoped, conveys the sense of continuing action or conditions throughout a long river of time. Early forms often do not wholly disappear, but they become less wide currents in a stream of experience.

¹⁶ Gordon, Robert Aaron, Business Leadership in the Large Corporation (Washington: Brookings Institution, 1945).Google Scholar

¹⁷ By “ancillary” institutions, I have in mind those that are not directly concerned with the production of consumable goods and services: banks, insurance companies, labor exchanges, advertising agencies, machine builders, and so forth.

¹⁸ Barnard, Chester I., The Functions of the Executive (Cambridge: Harvard University Press, 1938).Google ScholarPubMed

¹⁹ Cochran, Thomas C., “The Economics in a Business History,” THE TASKS OF ECONOMIC HISTORY (Supplemental Issue of THE JOURNAL OF ECONOMIC HISTORY), V (1945), 54–65.CrossRefGoogle Scholar

²⁰ The references here to Robert East and below to Chester Destler are to be found on pp. 16-27 and 28-49 respectively.

²¹ Baxter, William T., The House of Hancock; Business m Boston, 1724-1775 (Cambridge: Harvard University Press, 1945), p. 159Google Scholar. Actually the years 1757-59 and 1762-64 are omitted because of insufficient data.

²² Lipson, E., A Planned Economy or Free Enterprise; The Lessons of History (London: A.&C. Black, 1944).Google Scholar

²³ Ibid., p. 86.

²⁴ Ibid., pp. 159, 129.