Quarterly Journal of Economics Vol. 46 No. 2 1932
The Standard of Value
Abstract
Introduction: doubts concerning stabilization of prices, 251. — Purchasing power reducible to labor, 254; with certain qualifications, 256. — The nature of monetary instability, 259. — Bad effects of it, 260. — True stability eliminates these, 263. — Basic labor standard superior to others in this respect, 265. — The debtor-creditor problem, 266. — No allowance for subjective side of labor, 267; or for changes in efficiency, 268. — The problem of detection, 269; of measurement, 274. — Practical considerations: production data alone an inadequate guide, 275; mild inflation easier to attain than stability, 277; corrective measures not always advisable, 279.
- DOI
- 10.2307/1883231
- Volume
- 46
- Issue
- 2
- Pages
- 251
- Sources
- openalex crossref