THE RELATION BETWEEN STATICS AND DYNAMICS S57
satisfaction, or may be reasonably satisfied without knowing
that a different policy would not have worked stili better. Even
successful business policies are commonly of this latter sort.
They are not the best that could have been done; but so long as
the errors are not greater than those of one’s competitors, one
may never be forced to those further experiments by which alone
it can be determined that anything better is possible. Even
where sampling is relatively easy, as with consumption goods
which are bought repeatedly, it involves some trouble, and is not
likely to be carried to anything like completeness. And thus
many errors persist, and it is possible to fool some of the people
all of the time.
Some errors are cumulative in their effects rather than self-
correcting. They have permanent effects on the individual’s char-
acter or opportunities for revising his course for the future. This
is particularly true of the choice of an occupation. By accepting
a poverty wage and a low standard of living one may be accepting
also a low level of efficiency which will tend to make the poverty
permanent; * or by entering the field of casual labor, one may be
accepting also the mentality and social ideas and ideals which
go with it, and which may be inconsistent with those qualities
we think of as the “economic virtues,” and with the ability to
strive effectively for something better. This does not mean that
free choice is not still the best system, but it does give added
meaning to the well-known principle that freedom needs to be
limited and safeguarded to prevent it from being so used as to
destroy or limit effective freedom for the future: and it
emphasizes the point made by Cooley, that freedom and degenera-
tion are definitely linked together. Moreover the ideal to be
sought is not a static one of perfect use of freedom, but a dynamic
one of an educational character. It involves tasks proportioned
to one’s ability to perform them with sufficient success so that
one may grow in the process, and safeguards against the most
disastrous results of errors.
This raises the question of levels of intelligence and capacity,
and here we are faced with the fact of great differences within the
population. Dynamic economies cannot work successfully with
the idea of one “economic man.” Even if the non-existent
average individual could be found, still departures from this
average would be important enough to demand consideration.
! Cf. Marshall, Principles of Economics, (5th ed.), pp. 560-63. 569.