Journal Article The Elasticity of Demand from Family Budgets Get access A. C. Pigou A. C. Pigou King's College, Cambridge, England Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 47, Issue 2, February 1933, Page 342, https://doi.org/10.2307/1883692 Published: 01 February 1933

Reviews the book "Advanced Accounting," by Frank H. Streightoff.

Reviews the book "Business Under the Recovery Act," by Robert Valenstein and E.B. Weiss.

Abstract The article presents information that bright students at the University of Illinois, in the United States, are encouraged to do a portion of their study without class room attendance. This may be done at the student's option either by preparing a written thesis or by doing special reading. The senior thesis option has been available for about ten years. It is required of seniors who expect to be graduated with High Honors but is open to others by special permission. The intention is that the student will make an intensive examination into some topic of personal interest; perhaps it will be in regard to some subject matter which was but briefly treated in one of his classes, frequently the study is more directly related to his own specific business intentions or to some family enterprise. The administration of the work is simple for after the student has selected his topic he works individually with the faculty man who is thought to be best acquainted with the field of his study. The few conferences which are necessary regarding sources, outline and occasional "snags" are no great burden on the teacher and reading the finished work is more interesting than otherwise.

Reviews the book "Abhandlung über die Buchhaltung," by Luca Pacioli.

Reviews the book "The Abolition of Unemployment," by Frank D. Graham.

Reviews the book "Accounting Principles and Procedure," vol 1., by Charles S. Langer.

Abstract The article focuses on socialized accounts in the United States. The author says that the industrial evolution is important in the United States. The new era of the twenties was real as its ideal of full production and abundant living is not lost. The first phase of the evolution of accountancy was likewise the longest. It consisted of two distinct movements. The earliest was concerned with the formation of the accounting mechanism or methodology-bookkeeping; the later movement covered the expansion of double-entry methodology to suit subsequent conditions. An account for money as well as goods is not difficult to reconstruct. A consciousness of proprietorship is more fundamental to the expansion of account-keeping into double entry bookkeeping than bilateral accounts, subtraction by contraentry, equality of debit and credit, or any the other peculiarities of double entry. The second phase of accountancy is related to attempts to secure some measure of control over private affairs in the social interest. The approach was through enforcing a partial sharing of otherwise private business data, of instituting, as it were, semi-public accounts. The third phase will probably carry the socialization of accounts still further.

Reviews three books related to accounting. "Die Betriebswirtschaft," by H. Nicklisch; "Bilanz der Aktiengesellschaft," by R. Ruth and K. Schmaltz; "Wirtschaftsprüfung und Revisionswesen," by C.E. Poeschel.

Reviews the book "Wages and Wealth," by Roy Dickinson.