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Investment Repercussions

Quarterly Journal of Economics 1948 62(5), 698
I. Introduction, 698. — II. The relation of new investment to changes in the use of existing capital, 700. — III. The analysis applied to three concrete problems: (a) vertical integration, 706. — IV. (b) Development of backward areas, 708. — V. (c) The trade cycle, 711.

On the Politics of the Classical Economists

Quarterly Journal of Economics 1948 62(5), 714
"Circumstances give in reality to every political principle its distinguishing color and discriminating effect." Edmund Burke, on the Revolution in France. Introduction, 714. — I. The classical economists' theory of the state and of government, 716. — II. Universal economic, yet hmited political, freedom, 725. — III. Reasons for distrust of popular, and of authoritarian, government, 729. — IV. The paradox of free trade and nationalism, 736. — V. The distribution of power: checks and balances, 739. — VI. The free market as the means to political progress, 742. — Conclusion, 746.

Proportionality, Divisibility and Economies of Scale

Quarterly Journal of Economics 1948 62(2), 229
The problem, 229. — Plant and envelope curves: plant average cost, 230; average cost, 231; the envelope, 234. — Divisibility and economies of scale: reasons for successively lower minima, 235; the imperfect divisibility analysis, 236; the “mathematics” of divisibility, 238; divisibility and efficiency, 239; capital equipment, 243. — Proportionality and diseconomies of scale: importance of the problem, 246; the unnecessary search for a fixed factor, 247; reasons for higher plant curves, 248; no “most efficient proportion,” 249. — Constant proportions and homogeneity: the curve of constant proportions, 250; the problem of distribution, 252. — Summary: proportions and size, 255. — Appendix: the indifference curve analysis, 257.

Equilibrium in International Trade: A Diagrammatic Analysis

Quarterly Journal of Economics 1948 62(5), 748
I. The problem, 748. — II. One country acts as a monopolist and sets a price which the other accepts, 749. — III. The same, continued, 752. — IV. One country acts as a discriminating monopolist, making an all-or-none offer which the other accepts, 756. — V. The case of pure competition, 759. — VI. Comparison of the three cases, 761.

Demand Theory Reconsidered

Quarterly Journal of Economics 1948 62(2), 165
Introduction: scope of the paper, 165. — I. Individual demand schedules: fundamental properties, 166; alternative maximum bids, 168; reconstitution of the demand curve, 170; the reaction function, 172. — II. Collective demand schedules: additivity in closed markets, 175; more complex cases and the theory of games, 179; successive adaptation and time intervals, 182; recontracting, 185; successive adaptation in open markets, 186; further properties, non-additivity, 189. — III. Applications: elasticity of demand, 191; monopolistic discrimination and monopolistic competition, 195; the cobweb theorem, 198; the supply curve, non-additivity, 199. — Conclusions, 200.

Key German Cartels under the Nazi Regime

Quarterly Journal of Economics 1948 62(4), 576
Introduction: impact of the Nazi economic policy on the cartels, 576. — I. Potash: early developments, 577; the 1919 legislation, 578; operations under the 1919 law, 582; the International Potash Cartel, 582; penetration of the American potash industry, 584; the Potash Cartel and Combines under the Nazi regime, 585. — II. Cement: pre-Nazi market controls, 588; early stages of Nazi control, 589; the cement industry during the war, 591; the International Cement Cartel, 594.

The Measurement of Progressivity and Built-In Flexibility

Quarterly Journal of Economics 1948 62(2), 309
Journal Article The Measurement of Progressivity and Built-In Flexibility Get access Richard E. Slitor Richard E. Slitor University of Oklahoma Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 62, Issue 2, February 1948, Pages 309–313, https://doi.org/10.2307/1883224 Published: 01 February 1948

Output Quotas in Imperfect Cartels

Quarterly Journal of Economics 1948 62(4), 617
Journal Article Output Quotas in Imperfect Cartels Get access Joe S. Bain Joe S. Bain University of California, Berkeley, California Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 62, Issue 4, August 1948, Pages 617–622, https://doi.org/10.2307/1881769 Published: 01 August 1948

The Fallacies of Lord Keynes' General Theory: Comment

Quarterly Journal of Economics 1948 62(5), 763
Journal Article The Fallacies of Lord Keynes' General Theory: Comment Get access James Tobin James Tobin Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 62, Issue 5, November 1948, Pages 763–770, https://doi.org/10.2307/1883470 Published: 01 November 1948