Knowledge that Transforms

I. Controversies in economic theory are of varying importance, — The explanatory and instrumental aspects of economic theory, 335. — Changing facts and social theories, 337. — II. The place of “facts” in economic controversy, 339. — The relation of psychology to economic theory, 343. — Mechanistic and organic social theories as a source of controversy, 347. — Difficulties arising out of the organic analogy, 349. — III. The philosophy of “social control,” 351. — IV. Chaotic possibilities of “viewpoints” in economics, 355. — Uses and limitations of the mechanistic view, 356. — Types of new “approaches” to economics, and their limitations, 359. — Sacrifices entailed in eliminating controversies, 360. — The scientific character of economics, old and new, 362.

I. Cost not to be identified with entrepreneur expenses, 531. — Classification of costs, 532. — The objective factor in cost, 534. — II. Cost of production does not govern value, 535. — The function of cost of production, 539. — III. Cost of acquisition underlies demand, 540. — IV. Two factors in decline of price-offers for additional units, 542. — Marshall's objection to the second, 544. — The derived demand schedule, 545. — V. Apparent circuity of the value system, 546. — Multiple valuation the escape, 547. — VI. The value of scarcity-products, 549. — Three cases, 550. — VII. The influence of variations in the objective factors, 554. — Marshall's cost curves, 555. — VIII. Efficiency cost in using labor, 556. — Land, 557. — Professor Bye's reasoning, 558. — Savings, 559. — IX. Special relation of the entrepreneur to market values, 561. — The r61e of profits, 562.

I. Introductory, — II. The Issue and its Joinder, 308. — III. Judgment delivered, 311. — The Opinions of Lukin and Beeby, 312. — The Opinion of the Chief Judge, 314. — IV. Evidence on Australian Productivity before and after the War, 319. — V. The Judgment and the Fiscal Policy of Australia, 321. — VI. Indications of the attitude of the Court on subsequent applications, 322. — VII. Decisions on subsequent applications of 1927, 325.

Journal Article A Note on Comparative Costs Get access Arthur F. Burns Arthur F. Burns Rutgers University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 42, Issue 3, May 1928, Pages 495–500, https://doi.org/10.2307/1884789 Published: 01 May 1928

Journal Article The Literature of Employee Representation Get access Paul F. Gemmill Paul F. Gemmill University of Pennsylvania Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 42, Issue 3, May 1928, Pages 479–494, https://doi.org/10.2307/1884788 Published: 01 May 1928

Journal Article Theories of the Labor Movement, as Set Forth in Recent Literature Get access Lyle W. Cooper Lyle W. Cooper Marquette University, Milwaukee Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 43, Issue 1, November 1928, Pages 154–170, https://doi.org/10.2307/1883945 Published: 01 November 1928

I. The American balance of payments, 1919–26, 388. — Wide but strikingly parallel fluctuations of net capital and commodity movements, 390. — The domestic situation, 393. — II. General analysis of the maintenance of equilibrium in international payments, 395. — The effects of importation, 399. — The correction of excesses is not equally rapid in all cases, nor does the "causal sequence" always proceed along the same lines, 407. — III. The effects of exportation, 412. — Imports and exports taken together, 416. — The correction of excesses; effects of the business cycle. If foreign trade is relatively unimportant, the correction of large excesses must wait on domestic cyclical movements, 422. — IV. Application of these conclusions to the United States, 423. — The period 1919–21, 424. — The period 1922–26, 429. — The changes in the net items of the American balance of payments have had little effect on internal conditions; and their origin has usually made them mutually offsetting, 432.

Journal Article Recent Literature on the Automobile Industry Get access C. E. Griffin C. E. Griffin University of Michigan, School of Business Administration Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 43, Issue 1, November 1928, Pages 142–153, https://doi.org/10.2307/1883944 Published: 01 November 1928

The Coinage Act, 1926 and the Currency Act, 1927 dissolve the currency union of Great Britain and the Irish Free State, 264. — The Free State pound, its new unit of value, made equal in weight and fineness to the pound sterling, 266. — A Currency Commission, created for the management of the currency, 267. — The circulating media are to be: (1) A token coinage preserving the British denominations, 264; (2) Consolidated bank-notes, with a maximum issue of (£6, 000, 000 for the present) 268; (3) Legal tender notes, to be issued by the Commission to purchasers who tender an equal nominal amount of British currency or London funds, 272. — The system is that of a gold exchange standard, with no alteration in control of banking and credit, 275.

Journal Article Homan's Contemporary Economic Thought Get access Frank H. Knight Frank H. Knight The University of Chicago Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 43, Issue 1, November 1928, Pages 132–141, https://doi.org/10.2307/1883943 Published: 01 November 1928