In Defense of Monopoly: Comment Get access Ralph E. Holben Ralph E. Holben Washington, D. C. Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 60, Issue 4, August 1946, Pages 612–615, https://doi.org/10.2307/1885151 Published: 01 August 1946

Exchange-Rate Parities: Reply Get access Morris E. Garnsey Morris E. Garnsey University of Colorado Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 60, Issue 4, August 1946, Pages 624–630, https://doi.org/10.2307/1885155 Published: 01 August 1946

Abstract Reviews the book "Special Items Arising Out of the War," by George D. Bailey.

Some Principles of Compensatory Action Get access E. Jay Howenstine, Jr. E. Jay Howenstine, Jr. Washington, D. C. Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 61, Issue 1, November 1946, Pages 165–168, https://doi.org/10.2307/1882408 Published: 01 November 1946

Abstract One of the most important reports in recent British experience is that of the Company Law Amendment Committee appointed by Great Britain Board of Trade in June 1943, to consider and report what modifications are desirable in the Companies Act 1929, as of January 1946. This document not only provides the best available resume of traditional and contemporary accounting and financial practice in Great Britain but offers eighteen major sets of recommendations for the improvement of company law. Although the detailed testimony of experts appearing before the committee may not merit the consideration of American accountants, specific proposals offered for the improvement of auditing and business procedures provide interesting contrasts between current English and American accounting techniques as well as vital areas open for improvement. Asserting its belief that the system of limited liability is essential to the nation's prosperity, the committee envisages the necessity of protecting the investor and enhancing his control over company managements without imposing unreasonable restraints upon ethical business.

Abstract Reviews the book "Contemporary Accounting."