Knowledge that Transforms

Journal Article The Report of the President's Committee on the NRA Get access Edward S. Mason Edward S. Mason Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 51, Issue 3, May 1937, Pages 545–550, https://doi.org/10.2307/1884842 Published: 01 May 1937

Journal Article The Old-Age Reserve Account Get access J. Douglas Brown J. Douglas Brown Princeton University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 51, Issue 4, August 1937, Pages 716–719, https://doi.org/10.2307/1881688 Published: 01 August 1937

Journal Article Angell, the Behavior of Money Get access Frederick A. Bradford Frederick A. Bradford Lehigh University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 51, Issue 2, February 1937, Pages 364–373, https://doi.org/10.2307/1882095 Published: 01 February 1937

I. Fluctuations in prices and interest rates, 113.— II. The reasonable worth of utility services, 114.— The fall in incomes, 115.— The fall in prices, 116.— Emergency rate orders, 117.— III. Valuation, 119. — Average prices, 119.— Corrective indices, 120.— IV. The rate of return, 122.— Industrial profits, 122.— The common stock basis for return, 124.— The standard rate of return, 125.— V. The rate making rule in depression, 127.

Journal Article The Old-Age Reserve Account — A Problem in Government Finance Get access The Quarterly Journal of Economics, Volume 51, Issue 3, May 1937, Pages 444–468, https://doi.org/10.2307/1884836 Published: 01 May 1937

I. Real Income, Real Saving, Real Investment, 605.— II. MoneyValue of Real Income, 606.— III. Money Income, Money Savings, Money Investment, 607.— Consumer hoarding, 612.— Mr; Lerner on aggregate saving, 615.— Unsold goods, 618.— "Attempted" saving, 619.— Unfortunate consequences of Mr. Keynes' emphasis on the Savings-Investment relation, 623.

I. The United States: (a) Consumption of Scrap and Pig-Iron in the Manufacture of Basic Open-Hearth Steel, 130; (b) Factors Affecting the Supply of Scrap, 140. II. The United Kingdom, 144.— (a) The Elasticity of Substitution Between Scrap and Pig-Iron: South Wales and Monmouthshire, 146; The Northeast Coast, 148; (b) The Elasticity of Supply of Scrap and Pig-Iron: South Wales, 149; The Northeast Coast, 151. III. Conclusions, 154.

I. Introduction: the basic equation, 224. — II. Production one batch at a time; the length of the "production process" as the determinant of circular velocity, 226. — III. Production in overlapping batches; the intervals between successive payments; the relative timing of payment schedules; other determining factors, 230. — IV. Several different production processes; shifts in demand; new investment, 243. — V. "Idle" balances of cash; their effect on circular velocity; probably the chief source of short-period fluctuations in velocity, 251. — VI. The statistical data; inferences therefrom, 259. — VII. The related problem of working capital. Three definitions; the value of working capital, 264.

I. An impasse in analysis of the "rate base" derives from inadequate examination of the theoretical case for appraisal methods of construction, 299.— II. The economic desiderata of utility rates cannot be attained by administrative determination of service charges from a "rate base, " however constructed, 303.— III. The assumption that the "rate base" has a rate-determining function is therefore erroneous, 311.— IV. Recognition that the "rate base" is an earning base only is essential to intelligent appraisal of accounting methods of construction, and of the problems of public utility regulation, 314.