Journal Article Monopsony, Buying Costs, and Welfare Expenditure Get access K. W. Rothschild K. W. Rothschild Glasgow Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 10, Issue 1, Winter 1942, Pages 62–67, https://doi.org/10.2307/2967496 Published: 01 December 1942

Journal Article Welfare Economics and Rationing Get access M. W. Reder M. W. Reder New York City Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 57, Issue 1, November 1942, Pages 153–159, https://doi.org/10.2307/1881818 Published: 01 November 1942

Introduction: the problem, 406. — General character of cyclical tax policy: in booms, 409; in recessions, 411. — Certain measurable effects of federal taxation, 412. — Taxes tending to reduce consumer spending, 414. — The individual income tax, 415. — Estate and gift taxes, 417. — Corporation taxes, 417. — Other taxes, 418. — Implications of the federal tax ratio, 419. — State and local revenues, 423. — Further objection to the ratio, 425. — Importance of qualitative considerations, 426. — Alleged counterbalancing effects of public expenditures, 427. — Conclusions, 427.

Abstract The purpose of this article is to analyze the weight assigned to accrued depreciation by the Pennsylvania Commission in ascertaining the rate base, and the methods used in determining the amount of accrued depreciation. The Pennsylvania Commission's statement made in 1935, in a case where it determined annual depreciation allowance by the sinking-fund method, that "It is a well established rule as shown by the decisions of the United States Supreme Court, that accrued depreciation must be deducted from a reproduction cost estimate" indicated that the Commission's policy with respect to accrued depreciation where the sinking fund method of accruals was used was founded on the rule of the United States Supreme Court rather than upon a consideration of the economic aspects of the case. In the few cases where the original cost figure was accepted by the Commission as the fair value no deduction was made for accrued depreciation. Numerous cases can be cited which hold that accrued depreciation should be deducted from actual or original cost.

Abstract Reviews the book "Elementary Accounting," by George Hillis NewIove, Leo Cecil Haynes, and John Arch White.

Abstract Reviews the book "Production, Employment and Productivity in 59 Industries," by Harry Magdoff, Irving H. Siegel and Milton B. Davis.

Abstract Reviews the book "General Accounting," by H.A. Finney.

Abstract Reviews the book "Bank Audits and Examinations," by John I. Millet.