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COUNCIL OF ECONOMIC ADVISERS
WASHINGTON, D. C.

FOR RELEASE
UPON DELIVERY
Commencement Address

Paul W. McCracken
Chairman, Council of Economic Advisers

Huron College
Huron, South Dakota
May 24, 1970

UNITY IN DIVERSITY

What is to be the strategy for assuring orderly social and economic

progress as we move through the remaining decades of this twentieth

century?

This question is not, of course, to be answered by producing

a list of specific problems that we would like to see resolved or programs

that we would like to see implemented.

All of us have our lists of problems,

of personal aspirations, of goals and objectives for ourselves and our nation.
The question posed here is more fundamental.

Can we reach that

degree of agreement about our strategy which is so essential if we are to
have some assurance that these decades, which will close out the twentieth

century and begin the third hundred years of our nation's independent existence,

will be an era of hope and promise and accomplishment?

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This question is an important one for all of us, but it is particularly
urgent for the young men and women whom we honor here today.

during this period that their careers will be unfolding.

It is

They will be

reaching the peak of their productive years as the bells on that midnight
toll in the third millenium of our Christian calendar.

And the dollars

deducted from their initial pay checks for social security will not
return to them until well into the second decade of the twenty-first
century.

These are, therefore, their years about which we are concerned

here today.

Indeed, the traditional name for this occasion itself emphasizes

not the conclusion of college years but the commencement of those for
which these college years were made.
I

The first element in our strategy for the future must be the assurance

of that open system where there is full scope for trying out the new -- new
approaches to education, new products and services in the economy, new

art forms in music and the theater and literature, new techniques in
agriculture.

By definition progress means moving on from the old to

something new and better.

If we are to realize our full potential for

progress, our social and economic system must then obviously accord to

all the opportunity for the full expression of their creative and innovative
powers.

A society that confines itself to the innovations and creativity

that can be initiated by only a small part of the population is limiting itself
to a small fraction of the creativity that is potentially available.

A people

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that excludes from the creative process members of racial or religious

or political or class minorities is, of course, perpetuating an immoral
arrangement, but it is also sacrificing a part of its potential for innovation

and progress.
This point is more important than it seems.

One of the striking

features about mankind's long march upward is that the creative acts
making possible each advance have not usually come from a "logical"
source.

Was it logical to expect that the son of a Michigan farmer would

revolutionize the world of transportation?

Was it logical to assume that

a Kentucky farmer of no great pretense would be the father of the Great

Emancipator?

We shall never know if through the centuries a profound

philosopher or a major contribution to medicine or a musical genius or

a great and wise political leader may have been denied to this country
and to the world because some of our people were forced to live as second
class citizens, never having the opportunity for a full development and

expression of their creative powers.
tion are so costly to any society.

This is why all forms of discrimina­

One recalls here the words of Talleyrand,

"It is more than a crime, it is a blunder. "

Our failure through the years to bring racial minorities fully into
the mainstream of the national life has had incalculable moral and social

costs, and they are the most important, but the economic cost can be
measured.

If the productive and earning power of these citizens had not

been subject to special limitations through a cumulative heritage of poverty

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and inadequate education from discrimination, our productive capability

today would be greater by about $25 billion per year.

This shortfall is

exceeded by the gross national product of only 13 other nations of the
free world.

II
Now progress is not assured by dreaming up new and different

things.

The new is not always, or even usually, better.

Indeed, most

ideas for new things are visionary, impractical, and not relevant to
the needs of the world.

This brings us to the second element in any

effective strategy for progress.

Our social and economic systems must

have a way of sorting out oddball from the relevant among the new ideas,
and then have a means to assure that the new does not remain an isolated

fact.

The new that is better must also be diffused widely across our

society.

It must prevail.

This is the second element of any strategy for

progress, and it is the most difficult.

It has been the most difficult for

nations and societies to solve because it threatens the displacement of the

old and established and entrenched.

It involves the necessity for continuing

disestablishmentarianism -- to use a leading candidate for the longest

word in our language.

A totalitarian system or society is not well organized, in principle,

to accomplish this disestablishmentarianism.

In highly centralized decision­

making systems people with an inherently vested interest in the status quo

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tend also to be the ones who must rule on whether something new might
be better.

This, naturally, they are disinclined to do.

That is why highly

totalitarian societies or systems, whatever1 the brand name, are almost

always ultraconservative operationally.
And it is here that a free and open society has, in principle, the
great advantage.

Do you have a new style of fiction?

Try it out.

If

people, free to read it or not as they prefer, like it, the new will
prevail and the old will be displaced.

There is no Department of Fiction

in Government, which by definition would be dedicated to the old, whose

approval must be obtained.

If Henry Ford, with his new idea for trans­

porting people, had then faced the necessity for approval from a Ministry
of Transportation (which would certainly have been dominated by the rail­

roads), most of us would not be here at all today.

The new prevailed because

people were free to make a choice, and then established and powerful
organizations (the railroads) gave way to something which people clearly

considered to be better.

Indeed, if this comment is not inappropriate from

a Michigan citizen, the automobile, with all of our current problems of
congestion and pollution, has made a singular contribution to freedom by

emancipating the ordinary citizen from the tyrannies and regimentation
of awkward timetables, trains and buses not on time, and even the bilious

conductors of justly legendary fame.

It is this freedom from control of

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others -- a fifth freedom, Walter Reuther once called it -- that goes a
long way to explain the preference of people generally to have command

over their transportation -- vexing as this is to those who would like to

package them up morning and evening into neat bus-sized bundles.
This, then, is the strategy for progress.

We must have individuals

giving full scope to their creative and innovative powers.

And for the

new that is better to prevail it must pass only the impersonal "market­

place" test of whether people, free to express their preferences, choose
the new over the old.

Ill

If our strategy for progress is to work, we must keep certain

things in mind.

One is that we shall call upon Government at all levels

-- Federal, state, and local --to accomplish for us some urgently needed
things.

We cannot ignore the fact that people begin the race of life unequally

positioned around the starting line.

People have little to say about the

family circumstances into which they are born.

Some through good fortune

are born into families with the means and the concern for education, for
a secure family life, and for other factors that contribute to effective adult­

hood.

That is why many of you are here today.

Others, through accidents

over which they also had no control, find their lives shaped in ways that,
if events are simply allowed to take their course, tend to put effective

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adulthood beyond their horizon.

today are not.

That is why some who ought to be here

A society committed to equality of opportunity cannot

ignore these uneven advantages with which people reach their adult years,
and it must constantly probe for ways to moderate the starting handicap

of those who would otherwise be disadvantaged.

We must also recognize that, through no fault of their own, others
falter along the way.

obsolete.

Skills which they had painstakingly acquired became

Some breadwinners are a casualty of poor health.

A society of

growing affluence and sensitivity to the needs of society will insist on

sharing the fruits of its abundance more equitably to all.

And much of

this will be through government.
There was a time when Mother Nature herself could easily handle
the smoke and debris and wastes that the few people in this relatively
empty land created.

With vastly more people organized into an increasingly

urbanized and industrialized society, we can no longer count on Mother

Nature for automatic absorption of wastes and thermal and noise pollution.

The solution is not, of course, to lash out at economic progress but to
recognize that some part of our growing productive capability must be
devoted to greater regard for our environment.

And this will tend to add

to the budgets of Federal, state and local governments.
This is not to say that the nation has been miserly in the resources

devoted to things we want to do through government.

The increase in total

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taxes paid since 1965 is equal to 55 cents for each increase of one dollar
in the national income.

And the increase in non-defense government

spending at all levels has been equal to 31 percent of the increase in our
gross national product since 1965.

Much has been done, but demands and

needs for more remain insistent.

We must also remember, however, that most of our material,
social, and spiritual needs will continue to be taken care of in the private

sector.

It is there that we can accommodate ourselves to that complex

diversity which can contribute so much to the richness of life in a free
and open society.

This is why the nation can have the unique contributions

to higher education from our small colleges and from our large universities.
Both are needed, and many of us are the beneficiaries of having been the
product of that unique contribution which each can make.

The government

process does tend to give all of us what only the majority want.

The

great virtue of making provision for our needs through the private sector
as much as possible is that we can thereby be more sensitive to the diverse
and varied needs and preferences of minorities, of small groups, even of

individuals.

The majority "vote" for Chevrolets, but a smaller group

prefers Fords, another small group Plymouths, and there is the sensitive

tailoring of resources to differing preferences required to satisfy those

who do not want a car at all but prefer something else.

Humanity took a

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great step forward when political and social institutions made it possible

for the majority to rule, but a still greater step forward occurred when

we recognized that our society and our economy must be organized so that
the majority cannot tyrannize the minorities.

IV

Perhaps the most urgent need at this hour in our history, if we are
to move with confidence through the years ahead, is a ministry of reconcilia­
tion.

Our people are divided.

Deep fissures have emerged.

There is an

embittering sense of alienation among different groups in the nation.

Each

has its own just grievance but all bear a heavy responsibility for reconcilia­
tion.

Many in our colleges and universities feel a sense of estrangement

from certain currents of contemporary life and society.

They do see

inequities and hypocrisies and callosities that older eyes, too long familiar
with these conditions, see less vividly.

Their seeing these evils more

sharply and their impatience about getting on with this unfinished business
are a great force that can lead to a better world for us all.
There are others in the nation, among them young people who moved
directly into employment after high school, who reflect a growing sense

of alienation toward the academic community.

As one only momentarily

on leave from academe, I have found myself increasingly disturbed by the
emerging hostility of even thoughtful citizens toward our colleges and universities.

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The insistent question of the hour is how we can achieve a sense

of unity in our diversity.

The answer is clear.

It is to be found only in the

basic liberalism that had been fundamental to any free society.

This is

the principle that each person be as free as possible to pursue as fully as

possible the preferences and the goals that to him seem good.

It requires

that in our diversity we shall agree to defend and to respect the rights

of others to hold views with which we do not agree.

If any one group

insists that only it possesses the Truth, and that other views are Error
and should suppressed, we are then inevitably on the way to grave and

bitter polarizations in our society, a stifling atmosphere of intellectual
totalitarianism, and Holy Wars.
V

As we look ahead to the four decades or so that will constitute your

working years, we can see great problems but also great potential for

further social and material and spiritual progress.
the material means.

We shall possess

Our already great affluence will grow further.

We can confidently expect that our productive capability will grow 50 percent
in each of these decades.

The great challenges will come in things of the mind and spirit and
heart.

We should set as our objective nothing less than to be the first nation

where people of sharply differing ethnic features and social and religious

beliefs live in full amity and true equality.

We must regain that sense of

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dynamics and progress that comes from unity in our differences and
rich differences fiercely defended within our basic unity.

your challenges, your confrontation with destiny.
but in the words of Emerson:

"So nigh is grandeur to our dust,
So near is God to man.

When Duty whispers low, Thou must,
The youth replies I can. "

These will be

The stakes are high,