Knowledge that Transforms

The style that is the man, 518. — Before the break, 519. — Life at the top, 520. — The ever after, 521. — Some Robertsonian contributions, 522. —Conclusion, 535.

I. Sample surveys as a tool for measuring attitudes toward fiscal policies, 211. — II. Some survey findings, 213. — III. The congruence and stability of fiscal preferences, 223. — IV. Group differences in attitudes toward fiscal policies, 228.

Interest in the short-run behavior of the demand for money has been stimulated in recent years notably by the studies of Professors Baumol, Tobin, and Friedman.1 Three issues which have been reopened by their studies will be discussed here. First, what factors influence the demand for money and changes in cash balances over short periods of time? Second, what is the role of interest rates in these short-term changes? Third, are there economies of scale in the holding of money balances? These questions are of some relevance for monetary theory and for discussions of the impact and utility of discretionary monetary policy.

I. Introduction, 290. — II. Size of firm and the profitability of its investment in the innovation, 291. — III. Model and data, 294. — IV. Empirical results, 297. — V. Growth rate, profitability, age of president, liquidity, and profit trend, 302. — VI. Concentration of technical leadership, 305. — VII. Summary and conclusions, 309.

Managerial utility, 186. — Methods and definitions, 191. — Growth rate of demand, 193. — Imitative products, 197. — The supply of finance, 199. — The rate of profit, 200. — Completion, 202. — Interpretation, 204. — Maximizing versus satisficing, 207.

Introduction, 95. — The authoritarian answer, 96. — The schizophrenic answer, 98. — The interdependence answer, 99. — Determining the social rate of discount, 109. — Conclusion, 111.