Creating Capital

Creating Capital: Money-Making as an Aim in Business is by Frederick L. Lipman and was published in March 1918. The text asks what the considerations are to be observed by a man in deciding whether or not he should adopt money-making, the acquisition of a surplus beyond his current needs, as one of his definite aims in life. The text asks whether it is a virtue for a man to work in order to spend, but a vice to work in order to save. The text says the United States is now understood to be spending about $25,000,000 per day in carrying on the war.

The text says that Honesty is the best policy and Do unto others as you would have others do unto you are maxims of good business. The text says men have attempted to replace honesty by camouflage and the golden rule by self-aggrandizement, but that these attempts are not successful and so they become discredited. The text says that in economics the test of utility and efficiency is, Will it pay?