Introduction, 345.—Jones, 347.—Jenks and Clark, 348.—Watkins, 350.—Seager and Gulick, 355.—Levy, 360.—Fitzgerald, 361.—National Industrial Conference Board publications: Mergers in Industry, 363;—Mergers and the Law, 366.—Alsberg, 369.—Toulmin, 370.—Javits, 370.—Frederick, 371.—Conclusions: “the trust problem” a misnomer, 372; many questions still unanswered, 373.
Further Thoughts on Depreciation and the Rate Base Get access George O. May George O. May Price, Waterhouse & Co., New York Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 44, Issue 4, August 1930, Pages 687–697, https://doi.org/10.2307/1884030 Published: 01 August 1930
The apparent conflict of opinion among present writers. — I. The difficulties in the statistical measurement of integration, 622. — Recent American experience, 623. — II. The economies of integration under stable and competitive conditions, 624. — The incompatibility of technical balance and commercial self-sufficiency, 626. — III. Integration in relation to monopoly and dynamic conditions, 629. — The offensive and defensive aspects of integration, 632. — The vertical concern in periods of depression and periods of prosperity, 633. — The vertical firm and technical changes, 635. — IV. Conclusion: Conflicting views more apparent than real, 637.
Public works the most flexible of the major public expenditures, 286.—Relief works, 287.—Mr. Hawtrey's objection to long-range planning of public works as a remedy, 289.—Professor Cassel's argument, 291.—Other arguments, 292.—Qualitative limitations to the plan, 293.—Quantitative limitations, 295.—Shifting of public construction may increase industrial fluctuations, 297.—Administrative obstacles to an ideal allocation of public contracts, 301.—The problem of coördination, 302.—Technical obstacles, 305.—Economic obstacles (1) due to unpredictability of business; 308 (2) due to uncertainty as to effect of remedial measures, 313.—Conclusion, 318
Growth in number of book stockholders in recent years, 561. — More rapid growth in immediate post-war period, 566. — Customer and employee sales important only after 1920, 567. — Examination of income-tax data for possible shift in ownership, 570. — Large shift in ownership from rich to less rich apparent between 1916 and 1921, none thereafter, 574. — Check on validity of figures by examination of methods of manipulation, 575; by examination of income-tax data, particularly for tax evasion, 576; by discussion of possible explanations of shift, 585; by the evidence of growth in number of book stockholders, 591. — Conclusion, 591. — Statistical Appendix, Tables I–VIII, 593.
I. Joint Costs a phenomenon of production; costs as flows; joint means joined, 416. — II. Joint costs with invariable proportions, 419. — Bases of cost apportionment, 420. — Relative demand schedules, 421. — Method of addition and subtraction, 424. — Arbitrary methods of allocation, 425. — Repercussions on the structure of industry, 427. — Cartellization, 429.—Vertical and lateral integration, 431. — III. Joint costs with variable proportions, 433. — Manipulating the variables of chemical equilibria, 436. — By varying concentration, 437. — Temperature, 436. — Pressure, 440. — And state of aggregation of the components, 441. — Mathematical predictability of variation, 444. — Research laboratory as systematizer of march of invention and nerve centre of control of production and marketing, 445. — IV. Nature and scope of joint costs, 448. — Element of technological compulsion vs. element of profit-maximizing variability, 449. — The problem of valuation, 450. — All the factors may vary discontinuously, 452. — Joint costs and overhead costs, 455; and decreasing costs, 459. — Conclusion, 460.
Journal Article Moore's Synthetic Economics Get access Mordecai Ezekiel Mordecai Ezekiel Federal Farm Board, Washington, D. C. Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 44, Issue 4, August 1930, Pages 663–679, https://doi.org/10.2307/1884028 Published: 01 August 1930
I. The ethical-juristic conception of "natural law, " as well as the natural science conception of "natural laws, " affected economic thought in the eighteenth century, 205.—Separate study of the influence of former would throw light on laissez faire, 208.—II. General meaning of Jus Naturale conception in seventeenth and eighteenth centuries, 209.—Of no influence on economic theories of mercantilists, it shaped those of such writers as Grotius, Pufendorf, and Hutcheson, 211.—III. The philosophy of the Physiocrats. Laws of economic process as it would go on in an ideal social order, prescribed by Nature but to be achieved by human efforts, 215.—IV. The philosophy of Adam Smith. Human propensities and sentiments, with limited amount of human planning, would produce a harmonious social order, 226.—The Theory of Moral Sentiments in relation to the Wealth of Nations, 232.—V. Summary and conclusions, 239.
Introduction. — I. Development of a measure of the physical volume of production on the basis of the concept of production in general economic theory, 243. — The "index" and "deflating" methods, 244. — II. The relation between the economic quantities "production" and "national income, " 247. — III. The necessity of including the value factor in measures of physical production and the consequent shortcomings of such a measure, 250. — IV. Other limitations of a measure of physical production, 257. — V. Conclusions, 261.
The final settlement; commanding position of the Conference Committee. — Higher duties on agricultural commodities, such as sugar, wheat, cotton, 3. — Hides, wool, meat, and dairy products, 7. — Minor agricultural products, 9. — Manufactured articles, cottons, woolens, silks, 13 — The general trend, 16. — The Tariff Commission retained, with no marked changes in its powers, 19.