Nature of the problem, 116. — The fiscal and institutional limits: avoidance of price inflation, 117; statutory provisions, 118. — The immediate real burden, 119. — The financial burden, 119. — Tax friction, 120. — Government spending and the growth of national money income, 121. — The case where government spending and deficit financing merely offset hoarding: "dead weight" spending, 123; spending for public works, 126. — Increasing difficulty in making the necessary injection, 128. — Conclusions, 129.

Introduction, 487. — I. Two issues are involved in the paradox of saving, 488. — II. Conclusion, 490.

Journal Article D. H. Robertson: Comment Get access David McCord Wright David McCord Wright University of Georgia Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 78, Issue 2, May 1964, Pages 324–327, https://doi.org/10.2307/1879330 Published: 01 May 1964

Introduction, 173. — I. “Pure” versus “perfect” competition, 173. — II. “Pure but imperfect” competition, 175. — III. Growth, competition and full employment, 176. — IV. Equilibrium versus dynamic analysis, 178. — V. Pure versus monopolistic competition in a multidisturbance world, 183. — VI. Conclusion, 184.

Introduction, 198. — I. Concepts of equilibrium and the “machine,” 198. — II. Difficulties with the concept of the “machine,” 200. — III. The “event” approach, 202. — IV. Major limitation of the “event” approach, 205. — V. Implications of the “event” approach, 208. — VI. Summary, 210.

Journal Article Interest-Free Deficit Financing: A Reply Get access David McCord Wright David McCord Wright University of Virginia Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 58, Issue 4, August 1944, Pages 637–646, https://doi.org/10.2307/1884748 Published: 01 August 1944

Scope of the paper, 331. — I. Assumptions, 333. — Standard of living, 334. — Limit to the use of capital, 334. — The problem of steady development, 336. — The rate of accumulation, 337. — II. Possible objections, 339. New capital needs, 340. — III. Assuming many varieties of capital goods and of consumer's goods, 341. — "Diminishing Returns, " 342. — Standard of living, 344. — IV. Alleged "twilight zone" above zero per cent, 346. — Brakes upon borrowing, 347. — Effect upon demand for capital, 348. — The condition of indefinite waste, 349. — Perfectly elastic demand, 350. — V. Demand for "satisfactions in general, " 352. — "Hoped-for security, " 354. — VI. Summary of conclusions, 356.