The Sources of War Finance in The German War Economy Get access H. W. Singer H. W. Singer Manchester Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 10, Issue 2, Summer 1943, Pages 106–114, https://doi.org/10.2307/2967427 Published: 01 July 1943

Journal Article Keynes, White, and History Get access Walter W. Haines Walter W. Haines Ocean City, N. J. Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 58, Issue 1, December 1943, Pages 120–133, https://doi.org/10.2307/1885759 Published: 01 December 1943

I. Proportion of income saved and invested by farmers, 49. — II. Proportion of nation's capital employed in agriculture, 50. — Influence of interest rates, 53. — III. Prospective profits less influential than other considerations, 54. — Extent of underinvestment, 56.— IV. Influence of tenancy, 58. — Factors restricting use of credit, 58. — V. Unexploited investment opportunities, 61. — Remedial measures available, 61.

Journal Article Welfare Economics and Rationing Get access W. C. Haraldson W. C. Haraldson New York City Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 58, Issue 1, December 1943, Pages 146–148, https://doi.org/10.2307/1885762 Published: 01 December 1943

Abstract Reviews the book "Auditing Theory and Its Application," by Arthur Warren Hanson.

Abstract Price Control is made necessary by the conditions which result from a War Economy. Nation's purchasing power increases at the same time the goods available for consumption and use decrease and a "gap" develops between the total expendable incomes and the total goods available in the community. More people are working than in normal times and more goods and services are being produced, but the major portion of these goods and services must be appropriated for military purposes. This gap, then, develops in civilian goods and services, individual incomes increase while the amount of goods available to be purchased becomes less and less. As the military and civilian demands for raw materials and labor increase costs go up and prices begin to rise. Allowed to run its course the "price-cost" inflationary spiral would envelop all sectors of the economy and would end in economic disaster. To combat the danger of inflation national price control has been established. Beginning under the authority of an executive order and operating primarily by means of voluntary agreements to keep prices down.

Abstract Mastery of bookkeeping is fundamentally a development of the ability to decide which accounts should be debited and credited in the recording of transactions. Analysis of this type must precede recording. Since this concept is fundamental to all bookkeeping and accounting, it is important that it be introduced early in every bookkeeping course in such a manner that it will be thoroughly mastered. The difference between a $20-a-week book keeper and the much higher salaried auditor is largely in the ability to analyze accounting data. The most common weakness of students from high-school book- keeping classes that enroll in beginning accounting course is their lack of ability to analyze. Their handicap seems to be that though they know something of the "how" of bookkeeping, they do not seem to understand the "why" and thus lack ability to do accounting, for they are not able to deal with new or unusual situations. They need more definite, purposeful training in transaction analysis.