Abstract
SIR RICHARD PAGET, retiring president of the Engineers' Study Group on Economics, at the annual general meeting held on December 1, announced that Sir John Boyd Orr will be president for the coming year, with Sir Geoffrey Bracken (formerly finance minister to the Madras Presidency) as deputy president. Sir Richard outlined some tasks that the Group might undertake. There is still an urgent need for the clarifying of public opinion throughout the world on the true role of money and as to the principles by which all nations should be guided in providing their national currencies and exchanging their surplus products for the common good of the world at large. Gold—a valuable metal—which could be profitably employed in making glorious and everlasting works of art for the admiration and delight of posterity, still lies buried in vaults. The problem of 'the role of money' might be made the subject of an impartial investigation by a team of economists and financial experts from many countries, similar to the teams of workers who, during the War, successfully attacked many scientific problems.
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Engineers' Study Group on Economics. Nature 156, 686 (1945). https://doi.org/10.1038/156686c0
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DOI: https://doi.org/10.1038/156686c0