Reviews the book "Economic Cycles and Crises, an American Plan of Control," by William C. Schluter.

Abstract It is recognized that the total cost of higher education, whether in institutions publicly or privately supported, must finally be a charge upon the financial resources of the people. It is probable that institutional incomes will continue to be reduced for some time to come. It is important, therefore, to study expenditures with the view to assuring high standards for those desiring a college education at a cost which they can afford to pay. There are two great areas of economy open to institutions of higher education. The first is in the field of institutional coordination on a regional or state wide basis. The second great area of economy is in institutional internal administration. Somehow you must bring judgment to bear on the problem in order to provide the educational opportunities best suited to the greatest numbers and at the lowest possible cost. The educational services of colleges and universities may include instruction, research, and public service. Instruction is commonly provided in all institutions.

Reviews the book "Practical Business Statistics," by Frederick E. Croxton and Dudley J. Cowden.

Reviews the book "The Economics of Recovery," by Leonard P. Ayres.

Reviews the book "Budgetkontrolle in Industriellen Unternehmungen," by Heinz Ludwig.

Reviews the book "Business Budgets and Budgetary Control," by A.W. Willsmore.

T HIS discussion aims to indicate the implications, concerning the major consequences of the N.R.A., of selected broad statistical measurements of various factors in the business situation. Even under ordinary circumstances one cannot with assurance outline the causal connections between particular economic events or policies and the concurrent or subsequent course of business as revealed in statistics. In attempting to interpret these statistics, therefore, we must bear constantly in mind that some of the observed movements may be due to causes, natural or official, quite unrelated to the N.R.A. The main outlines are, however, so distinct that it seems safe to present tentative conclusions concerning certain chief consequences of the N.R.A. The discussion will be confined to fairly general aspects of the situation. Even if it were desirable to study the detailed effects of the N.R.A. upon numerous small or local industrial operations, significant statistics would not be available. As a matter of fact, it is clear that there is now in high places a realization, somewhat belated but very welcome, that the N.R.A. procedure, whatever the chance of its success for large industries operating on a national scale, encounters insuperable obstacles when applied to local enterprises.