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Adam Smith, America, and the Doctrinal Defeat of the Mercantile System

Quarterly Journal of Economics 1934 48(2), 304
England's rivals, 304. — Each century had its spokesman: Malynes, 305; Mun, 306; Gee and Postlethwayt, 308. — The Wealth of Nations an attack on all three, 311. — To Smith foreign trade is internal trade internationalized, 312. — Defining mercantilism as protectionism obscures the issue, 314. — Three clues to Smith's significance: his realism, his balance, his creating as he builds, 315. — The place of America in Smith's thought, 315.

Pitfalls in the Construction of Demand and Supply Curves: A Reply

Quarterly Journal of Economics 1934 48(2), 355
Journal Article Pitfalls in the Construction of Demand and Supply Curves: A Reply Get access Wassily W. Leontief Wassily W. Leontief Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 48, Issue 2, February 1934, Pages 355–361, https://doi.org/10.2307/1885615 Published: 01 February 1934

Interest on Capital and Distribution: A Problem in the Theory of Marginal Productivity

Quarterly Journal of Economics 1934 49(1), 147
Journal Article Interest on Capital and Distribution: A Problem in the Theory of Marginal Productivity Get access Wassily Leontief Wassily Leontief Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 49, Issue 1, November 1934, Pages 147–161, https://doi.org/10.2307/1883881 Published: 01 November 1934

The Periodogram of American Business Activity

Quarterly Journal of Economics 1934 48(3), 375
I. Various meanings of "period, " 376. — II. Indices referred to "normal" are oscillatory, 378. — III. Statistical findings of cycle analysis, 380. — IV. Hidden periods indeterminable by cycle analysis, 384. — V. The periodogram; general theory, 387. — VI. Periodograms of special types of oscillation, 390. — VII. Illustration of effects of complex interference, 394. — VIII. Two rules and their limitations, 397. — IX. The periodograms for business activity, 400. — X. Details of the periodogram for 1790–1859, 400. — XI. Brief notes on the other periodograms, 405. — XII. Forecasting from the sinusoidal expressions, 407. — XIII. Schuster's statistical test for significance of periods, 409. — XIV. The number of "independent elements" in the series, 411. — XV. A crucial experiment, 413.

Resale Price Maintenance in Great Britain

Quarterly Journal of Economics 1934 48(4), 620
I. The legal basis of price maintenance in Great Britain, 620; government reports of 1920 and 1931, 622. — II. Movement toward group action, 623; general purpose of associations, 624; forms of organization, 625. — III. Methods of enforcing prices; collecting evidence, warning, etc., 625; the Stop List, 626; the problem of non-members, 626; relations with third parties who have purchased indirectly, 627. — IV. The relative effectiveness of price control; the problem of the coöperative societies, 628; the resistances within private enterprise; numbers of members of trade, 630; complexity of trade channels, 630; nature of product, 631; strength of opposing interests, 633. — V. Fundamental tendencies; rigidity and stability of price system, 635; emphasis on merchandising services, 639; growth in and limitation of, numbers of dealers, 639; the demand for intertrade coöperation, 640; effects upon types of dealers, 641. — VI. Application to the United States, 643.

The Price of Silver and Chinese Purchasing Power

Quarterly Journal of Economics 1934 48(2), 245
I. The “purchasing power” argument of the silver interests, and its political importance, 245. — II. China not on the silver standard: the paper currencies, 249; variety of silver coins and weights, 250; copper coins, 251. — Money changing, 252. — Independent price levels, 254. — III. Hoarding of silver: in coin, 255; in ornaments, 256. — The price of silver: demand, 257; supply, 259. — Influence of conditions in China: warfare, 260; modernization, 264. — IV. Effects upon prices: in the interior, 267; in Shanghai, 268. — V. Chinese opinion primarily concerned with problem of uniformity rather than stability, 273. — Interpretation of the evidence, 277. — Conclusion, 280.

Solar and Economic Relationships: A Preliminary Report

Quarterly Journal of Economics 1934 49(1), 1
Jevons' analysis, 2.— Other theories of cyclical relations: Moore, 4; Huntington, 5.— The solar cycle, 7.— Correlation between solar and economic cycles, 9.—Changes in solar cycles and economic series, 10. — Variation in latitude of sunspots and index of physical production, 11.— Correlation between solar cycles and non-agricultural series, 13. — The explanation of this relation, 23.— Theories: Pigou, 26.— Hexter, 28.— Vallot, 29.— Effect of ultraviolet rays, 31. — The electrical hypothesis, 33.— The volcanic dust theory, 35.— Correlation between temperature and business activity, 38.— Correlation between monthly figures of the "preferred solar constant, " business activity, and solar radiation, 42.— The last depression and the psychological theory, 45. — Monthly variations in speculation and solar activity for 1929, 46. — Sunspots in the central zone and speculation, 49. — Conclusion, 51.

Doctrines of Imperfect Competition

Quarterly Journal of Economics 1934 48(3), 442
I. It is my purpose in the following pages to set out what appear to me to be the principal points of significance for economic theory in the doctrines relating to Imperfect Competition that have been recently evolved.2 I propose to divide this into three parts, their significance for equilibrium theory, their significance for the theory of the optimum, and their significance for trade cycle theory.

Some Reflections on "The Nature and Significance of Economics"

Quarterly Journal of Economics 1934 48(3), 511
I. Professor Robbins' tendency to “Radical Positivism” — The incompatibility of the means-end schema with the ideal of economics as a “positive” science in this sense, 512. — Criticism of his “atomism,” 516. — II. Outline of the general chain of means-ends relationships as a schema for classification of the sciences of action, 521. — The place of the “economic” element, 522. — Critical application to Professor Souter's position, 529. — His empiricist tendency and its implications, 534. — III. Some special problems: “Formalism,” 536. — Economic law and the realm of the “irrational,” 538. — Precision, Dynamics, 540. — Conclusion, 543.