Journal Article Economics and Insurance Get access L. T. Little L. T. Little London Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 5, Issue 1, October 1937, Pages 32–52, https://doi.org/10.2307/2967578 Published: 01 October 1937

Journal Article Numerical Computation of the Elasticity of Substitution Get access A. L. Bowley A. L. Bowley Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 5, Issue 1, October 1937, Pages 60–65, https://doi.org/10.2307/2967580 Published: 01 October 1937

Dynamics of the Crisis: A Suggestion Get access G. L. S. Shackle G. L. S. Shackle London Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 4, Issue 2, February 1937, Pages 108–122, https://doi.org/10.2307/2967608 Published: 01 February 1937

New attitudes and new standards, 663. — The data, 664. — Income elasticities for different foods, 665. — Calorie content of diets, 669. — Comparisons with scientifically determined diets, 671. — Nutrition and education, 676. — Nutrition and income, 677. — Nutrition and agricultural poHcy, 679.

I. The method and earlier applications of it, 1.— Scope of the present study, 5.— Differences between Victorian and American industry, 5.— II. The index of production: method and sources, 6; its movements during the period, 18.— III. The index of labor: method and sources, 19; comparison with index of production, 21. IV. The index of capital: method and sources, 21. — V. The equation of production, 24. — VI. Comparison of the computed and actual indexes of production, 25.— Analysis of the divergences of P′ from P, 29.— Comparison of the trends, 32.— Deviations from the trends, 33.

Reviews the book "Office Management," by John H. MacDonald.

Financial statements are important tools of the intelligent investor. The investor wishes that more attention be given to substance rather than form in financial statements and in reports to governmental agencies such as the U.S. Securities and Exchange Commission. Accountants should recognize that investors are the principal group interested in published financial statements, and that more attention should be given to completeness rather than technical accuracy, particularly in the income statement. Public accountants are influenced to some extent by the managements of businesses which employ them. Resulting financial statements, then, are compromises to a greater or less degree. A substantial part of corporate capital is supplied by investing stockholders and bondholders. Such investors exercise practically no control over the affairs of the companies involved. If results are not satisfactory to them their alternative is to sell. If the results appear to be attractive their alternative is to buy more. Controlling stockholders dominate the management and are in position to influence management policies in order to protect or improve their commitments.