1929. An explanation of the rise and fall of business firms and nations. Another volume from England's leading business writer. Casson explains his Formula of Progress is as follows: In the Evolution of the human race upwards, all progress depends upon the production of a comparatively small number of improved individuals, who are superior to the mass in knowledge, skill or character, and who, by reason of their superior powers, render a new service the mass of people among whom they live. This is the law of the efficient few. It points out that Progress depends upon the differentiation of a few higher quality samples of human beings. The mass of people are never progressive. The mass of people can destroy, but they can never create. They can pull down, but they cannot build up. All the constructive work in the world is done by a few individuals, and usually in spite of the active opposition of the mass. See other titles by this author available from Kessinger Publishing.