I. The incidence of contributions from employers, 313.— Qualifications: unemployment benefits may modify competition for employment, 314; strengthening unionism introduces additional uncertainty, 315; the outcome affected by rigidity of money wage rates, 316.—Shifting forward to consumers, 316.— The assumption that employment is a function of labor costs, 317.— The incidence of a limited system of reserves, 318.— The possibility that there is no net cost, 319.— II. Employers' contributions as incentives to stabilize employment, 320.— The argument obscure and weak, 321.— The necessary conditions of additional financial incentives, 322.— Effects would be largely on casual employment, 324.— III. The form of the reserves: insurance or pooling vs. deposit or savings, 325.— Pooled reserves not true insurance, 326.— Contributions to pooled reserves akin to taxes, 330.— Pooled reserves a mixture of relief and insurance, 330, and are as unstable as industry itself, 332.— The ethics and economics of the deposit or savings basis, 333.— Conclusions, 335.

Journal Article Control of Investment versus Control of Return: A Criticism Get access R. S. Meriam R. S. Meriam Graduate School of Business Administration, Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 44, Issue 3, May 1930, Pages 549–552, https://doi.org/10.2307/1885797 Published: 01 May 1930

I. The decreasing cost schedule as a schedule of uniform or average cost, 170. — Incompatible with rent, 170. — Marshall's particular expenses curve and its uses, 171. — II. Professor Knight's prediction that an increased demand increases normal price, 175. — It ignores possible economies, 177. — It overlooks reduced demand elsewhere, 178. — III. The possibility of increasing cost, 180. — Professor Sraffa's view, 181. — Professor Pigou's view, 183. — Professor H. E. Miller on consumers' surplus, 185. — IV. The maximum satisfaction doctrine, 189. — Professor Pigou's statement, 189. — Marshall's treatment, 190. — Method and assumptions in dealing with the tax and the bounty as one problem, 191. — Four cases, 193. — The general conclusion, 196.

Reviews the book "Capital and Interest," by Montgomery D. Anderson.

Reviews the book "Economics of Accountancy," by John B. Cunning.

Reviews the book "Margins, Expenses, and Profits in Retail Hardware Stores," by Horace Secrist and J.A. Folse.

Journal Article Diehl's Theoretische Nationalökonomie Get access R. S. Meriam R. S. Meriam Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 39, Issue 1, November 1924, Pages 124–135, https://doi.org/10.2307/1883957 Published: 01 November 1924

T HIS discussion aims to indicate the implications, concerning the major consequences of the N.R.A., of selected broad statistical measurements of various factors in the business situation. Even under ordinary circumstances one cannot with assurance outline the causal connections between particular economic events or policies and the concurrent or subsequent course of business as revealed in statistics. In attempting to interpret these statistics, therefore, we must bear constantly in mind that some of the observed movements may be due to causes, natural or official, quite unrelated to the N.R.A. The main outlines are, however, so distinct that it seems safe to present tentative conclusions concerning certain chief consequences of the N.R.A. The discussion will be confined to fairly general aspects of the situation. Even if it were desirable to study the detailed effects of the N.R.A. upon numerous small or local industrial operations, significant statistics would not be available. As a matter of fact, it is clear that there is now in high places a realization, somewhat belated but very welcome, that the N.R.A. procedure, whatever the chance of its success for large industries operating on a national scale, encounters insuperable obstacles when applied to local enterprises.