Knowledge that Transforms

Journal Article More Pitfalls in Demand and Supply Curve Analysis Get access Ragnar Frisch Ragnar Frisch University of Norway Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 48, Issue 4, August 1934, Pages 749–755, https://doi.org/10.2307/1883550 Published: 01 August 1934

Two notions often lumped together, 104.— The idea of normal profits, 106.— Not connected with perfect competition, 107.— Two levels of normal profits, 108.— Conditions necessary for perfect competition: the character of the market, 112; the number of firms selling in the market, 114.— The assumption that the output of other firms remains unchanged, 117.— Conclusion, 119.

Introduction, 203. — I. The German labor movement before 1918, 204; during the Revolution, 205; under the Weimar Constitution, 207; course of events thereafter, 208. — II. The development of the trade unions, 209; of collective bargaining, 212; the arbitration system, 215. — III. The works councils, 217; the economic council, 219. — IV. The labor law, 220. — V. The rise of National Socialism, 222; the position of labor under the Hitler government, 224.

Reviews the book "Fundamentals of Accounting," by Harry H. Wade.

The rules of ethics of the American Institutes of Accountants are clear and reasonable statements of principle, as are the various resolutions which amplify them. Their actual application, however, is not always equally clear, as this generally demands close and careful analysis of a complicated situation to which the Committee on Ethics and the Council of the Institute must apply their mature and impartial judgment. The article presents a brief explanation of the rules of professional conduct of the American Institutes of Accountants. This explanation is necessarily incomplete and is only intended as an indication of the sort of cases which fall under the different rules. For mostly, rigid rules of professional conduct are not really necessary, but there are always unfortunate brothers who either lack a keen perception of what a professional man's attitude should be or are interested only in sailing close to the wind as possible. It is against these that the rules must be enforced and they must be enforced by the men for whom they are not necessary.

Reviews the book "Legal Provision Affecting Real Estate Tax Delinquencies, Tax Sales, and Redemptions," by M.H. Hunter.

Reviews the book "What is Money?," by Victor S. Clark.

Reviews the book "Federal Tax Handbook," by Robert H. Montgomery.

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

Reviews the book "Taxation Issues," by M. Slade Kendrick.