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The Soviet Conception of Economic Equilibrium

Review of Economic Studies 1939 6(2), 127
The Soviet Conception of Economic Equilibrium Get access E. M. Chossudowsky E. M. Chossudowsky Edinburgh Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 6, Issue 2, February 1939, Pages 127–146, https://doi.org/10.2307/2967396 Published: 01 February 1939

Tax Remission as a Means of Influencing Cyclical Fluctuations

Quarterly Journal of Economics 1939 53(2), 261
Public investment may need to be supplemented as a means of stimulating recovery, 262. — Tax remission encourages entrepreneurs in two ways, 262. — No danger of encouraging development of excess capacity, 264. — Criteria for allotment of Tax Certificates, 267. — Mechanism of allotment, 269. — The magnitude of the plan, 271. — Inflexibility, 271. — Tax Remission versus Public Works, 273.

A Note on Chamberlin's Monopoly Supply Curve

Quarterly Journal of Economics 1939 53(4), 641
Journal Article A Note on Chamberlin's Monopoly Supply Curve Get access E. R. Hawkins E. R. Hawkins The Pennsylvania State College Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 53, Issue 4, August 1939, Pages 641–642, https://doi.org/10.2307/1883287 Published: 01 August 1939

The State and Industrial Order

Quarterly Journal of Economics 1939 53(2), 194
Three classes of machinery in England for dealing with industrial disputes: trade boards, 194; Whitley Councils, 194; Appeal Tribunals, 195. — Results achieved by these, 195. — Gaps recently revealed, 197. — Differences in extent to which the desired machinery has been established, 197. — First steps in legalizing wage rates, 198. — Road Haulage wages, 201. — The Act of 1938, 203. — Further proposals now pending, 206. — Comparisons with developments in the United States, 208. — Conclusion, 212.

ACCOUNTING AND DISTRIBUTION TECHNIQUES AS VOLUNTARY DEVICES TO ELIMINATE ABUSES IN MARKETING.

The Accounting Review 1939 14(2), 106-115
Abstract This article considering the accounting and marketing techniques which flow from state and federal laws affecting price and pricing policies in the U.S. It is needless to stress the fact that government intervention in business has increased greatly in recent years. This trend is likely to continue to increase, but the rate of that increase can and will be modified by the extent to which business itself puts its own house in order. It is necessary at this point to lay the foundation for an important distinction which needs to be drawn between true open-price reporting and the variety of price reporting which prevailed in many instances during the National Recovery Administration. Since many trade associations arise out of the state of business depression within an industry, it is not unnatural to find that their spirit and purpose is strongly defensive. To those who enter upon an Open-Price Association under the conviction that they have joined hands to fight a common enemy, the legal requirement that all price data be made available to buyers and sellers alike comes as a rude shock. It is tantamount to an order to disclose everything to the enemy, and is hardly consistent with usual defense tactics.

THEORIES & PRACTICE.

The Accounting Review 1939 14(4), 452-456
Abstract The report of the Committee on Auditing Procedure of the American Institute of Accountants has been revised. The changes have to do with the alteration of the proposed procedures relating to receivables and inventories, whereby physical tests and verification by correspondence have been cut down to practically the same level as called for by previous practice. It might not be unexpected, following the McKesson and Robbins disclosures, that accountants, seeking protection, should amplify their responsibilities in an unnatural degree and reach a somewhat hysterical conclusion from which time alone would have made them recede. The professional criticism was that participating in inventory counts might give the accountant the appearance of appraiser; that tests, fully as acceptable as circularization, are available for determining the existence and propriety of receivables. Except for inserting the reference to a detailed audit, the changes were textual and the same remarks can be applied to the new certificate. The certificate is defective in that it is designed to protect the accountant rather than to give information to those who rely on the information which financial statements are supposed to reveal.

THE ECONOMIC SIGNIFICANCE OF RECENT PRICE LEGISLATION.

The Accounting Review 1939 14(1), 42-48
Abstract The price legislation referred to in this article includes the Robinson-Patman Act, the various state resale-price-maintenance laws together with the Miller-Tydlings amendment, and the minimum-price laws, which have recently enacted by the U.S. government. Some of the features which these laws have in common have been suggested. These laws impinge upon prices in apparently different ways, the first deals with relative prices paid by retailers, the second with prices relative and absolute charged by retailers for identical branded goods, and the third group with prices charged by retailers on any and all goods relative to the costs of those goods. To discover the real significance of these laws, one must be concerned with the identity of sponsors, their motives, and the state of mind of the public and the legislators who approved them than with the defenses that can be offered for them. The broader significance of recent price laws is that they are antichain-store and antiprice-cutting laws. As such, they are designed to protect the general run of independent merchants from the competition of those who threaten the existing order.