The unions and the government regulators have reduced the freedom of action and the power of the businessman. National heroes of business and industry have fallen by the pens of sociologists, economic historians, welfare workers, environmentalists, consumer crusaders, reform politicians, and a spate of futurists. The decline of the businessman’s power, prestige, and self-esteem is a salient fact of our times. Gresham is President Emeritus and Chairman of the Board, Bethany College, Bethany, West Virginia.
