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THE THEORY OF BUSINESS ENTERPRISE

tion are those that follow incidentally, as byproducts of business enterprise, because these are not dependent on the vagaries of personal preference, tastes, and prejudices, but rest on a broad institutional basis.

The effects of business enterprise upon the habits and temper of the people, and so upon institutional growth, are chiefly of the nature of sequelæ, It has already been noted that the discipline of business employments is of a conservative nature, tending to sustain the conventions that rest on natural-rights dogma, because these employments train the men engaged in them to think in terms of natural rights. It is unnecessary to return to this topic here, except to notice that, in its severer, more unmitigated form, this discipline in pecuniary habits of thought falls on a gradually lessening proportion of the population. The absolute number of business men, counting principals and subordinates, is, of course, not decreasing, The number of men in business pursuits, in proportion to the population, is also apparently not decreasing; but within the business employments a larger proportion are occupied with office routine, and so are withdrawn from the more effectual training given by business management proper. If such a decrease occurs in any country, it is almost certainly not to be found in any other country than America.