Journal Article Economic Theory and Socialist Economy Get access A. P. Lerner A. P. Lerner London Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 2, Issue 1, October 1934, Pages 51–61, https://doi.org/10.2307/2967550 Published: 01 October 1934

Notes on the Elasticity of Substitution: II Get access A. P. Lerner A. P. Lerner London Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 1, Issue 2, February 1934, Pages 147–148, https://doi.org/10.2307/2967622 Published: 01 February 1934

Journal Article The Concept of Monopoly and the Measurement of Monopoly Power Get access A. P. Lerner A. P. Lerner London Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 1, Issue 3, June 1934, Pages 157–175, https://doi.org/10.2307/2967480 Published: 01 June 1934

Journal Article The Interpretation of Subjective Value Theory in the Writings of the Austrian Economists Get access Alan R. Sweezy Alan R. Sweezy Cambridge, Mass. Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 1, Issue 3, June 1934, Pages 176–185, https://doi.org/10.2307/2967481 Published: 01 June 1934

Journal Article The Glasgow Building Industry (1870–1914) Get access A. K. Cairncross A. K. Cairncross Cambridge Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 2, Issue 1, October 1934, Pages 1–17, https://doi.org/10.2307/2967546 Published: 01 October 1934

His review of Cournot and Edgeworth does not get down to bedrock, 318.— Difficulties in his treatment of foresight (1) under conditions of decreasing variable costs, 319; the argument expressed in terms of the symbols of Cournot, 323; (2) under unequal conditions of increasing cost, 325; diagrammatic presentation, 333; nine points of conflict with his conclusions, 335.

The essential conditions for competition, 288. — Lettuce in the Puget Sound district, 289. — The case of Washington potatoes, 291. — Washington apples, 293. — Staple non-perishables: dry beans, 295. — The Seattle Fur Exchange, 297. — Summary of these cases, 298. — Monopoly and competitive price contrasted: three cases, 300. — Types of discrimination, 302. — Reasons for discrimination, 303.

The new features of general application introduced by the Act: prohibition of discrimination, 53; right to select a labor organization as the representative with whom employer must deal, 55; fixing of code terms without antecedent collective bargaining, 67; union representation on boards to settle labor disputes in the industry or on code authorities not general, 59. — Effects: strengthening of unions which had already established effective collective action over competitive areas, 62; obstacles to effective collective bargaining over competitive areas within the industry by separate organizations of the unskilled and semi-skilled, 66; importance of feasibility of fixing standard wage rates for better-paid workers over competitive areas, 69; craft vs. vertical unionism in mass-production industries, 71; competition of employee representation plans with outside organizations, 73; stimulus to political action, 77.

QOME fifteen years ago, the writer had the pleasure of undertaking for the Harvard University Committee on Economic Research (predecessor organization of the Harvard Economic Society) a somewhat comprehensive and detailed study of the subject now under consideration; it appeared in this REVIEW for July I920.' The present purpose is simply to review subsequent developments, and to outline the major forces likely to affect future trends therein. For the present survey, it is not essential to dwell upon the detailed geological, mineralogical, and other considerations which have for so long influenced the history of gold production and of course still do so. A fairly detailed analysis of those considerations both in general, and for particular gold fields is already on record in the earlier study. Another reason why such physical factors can properly be given much less emphasis than before is that geological and mineralogical considerations are in a sense dominated, for the time being at least, by a single economic fact: the depreciation and devaluation of important currencies --among them, the United States dollar and the effect of that movement upon the profit margins of gold mining and refining. To deal comprehensively with these matters of currency depreciation and devaluation, the related matters of inflation of bank credit and price levels, and the curious Warren theory of the relationship between gold production and price levels, would lead us too far afield at this time; and they are therefore dealt with only in such incidental manner as is essential to the immediate question under review. Various analyses and critiques of these related economic matters have appeared elsewhere, particularly in the articles by Professor Bullock and Dr. Tucker, in previous issues of this REVIEW.2