Chase has written before on the subject of waste -- material waste. Now he writes on the subject of human waste. He demands that we accept financial and social change and forget orthodox economics. He endorses spending to put men and machinery to work, demands pump priming by industry and government, to make the wheels turn. He analyzes the trends revealed by the Temporary National Economic Committee, showing that American business has learned to do its own financing and no longer needs the public's funds. He raises the issue as to whether they are also prepared to finance emergency expansion. His section on the Grand Coulee Dam is revealing as indication of the good effects of government spending. He urges more such outlay.