Degrees of governmental interference in international trade and finance, 90.— Effect of rigid governmental control on the basic principles of international trade and finance, 93.— Generalizations derived from the principle of the balance of payments, 97.— The case of less extreme control, 103.— Segmentation of prices, 104.
Journal Article Collected Works of Carl Menger Get access Alan R. Sweezy Alan R. Sweezy Harvard University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 50, Issue 4, August 1936, Pages 719–730, https://doi.org/10.2307/1891101 Published: 01 August 1936
Journal Article Distribution and Economic Progress: A Revised Version Get access J. R. Hicks J. R. Hicks Cambridge Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 4, Issue 1, October 1936, Pages 1–12, https://doi.org/10.2307/2967656 Published: 01 October 1936
I. Effects of devaluation contrasted with influence of other forces, 416.— Changes in total trade following devaluation of the dollar, 417.— Relations between price and quantity changes for individual commodities, 419.— II. "Ideal" prices (compensatory solely for currency changes) contrasted with recorded prices, 423.—Classification of changes in prevailing prices, 424.— Causal factors accounting for failure of recorded prices to reflect realization of effects of devaluation, 425.— III. Conclusion, 434.
Professor Slutsky's Theory of Consumers' Choice Get access R. G. D. Allen R. G. D. Allen London Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 3, Issue 2, February 1936, Pages 120–129, https://doi.org/10.2307/2967502 Published: 01 February 1936
One difficulty in discussing depreciation is in distinguishing between the fact of depreciation and the recording of the fact in the accounts. The fact is itself a physical or economic phenomenon. There is almost universal agreement that a physical asset does, in the process of use, wear out, at least to the extent of making its continued use uneconomical. The economic phenomenon which may be correlative with the physical phenomenon, but may often-times be independent thereof, is that with continued use of a physical asset the services which it renders tend to become exhausted. Hence, in the absence of disturbing outside influences, thee lessened number of service units which the asset remains capable of yielding are of less value than were the larger number originally embodied in the asset. Accounting does not concern itself with the actual wearing out of an object. But in so far as the wearing out of an asset, or the exhaustion of its potential services affects the value to be ascribed to the asset by the going concern, accounting is called upon to make some record of such changes.