The Nature of Interest and the Causes of Its FluctuationsMcGoun, A. F.
doi: 10.2307/1884035pmid: N/A
Summary I. Capital defined as wealth produced by labor and destined to satisfy wants in the future, 547. — The possibility of interest due to the fact that capital saves labor, 550. — Concrete illustration of the saving, 551. — II. Illustration of the circumstances which may affect the rate of interest under hypothetical conditions, the main conclusions of the present essay being suggested. — Capital quantitatively expressed in terms of labor multiplied by the time intervening between labor and enjoyment, 553. — III. Circumstances affecting the demand for capital: (a) The opening of new lands, 557. — (b) Inventions, 560. — Under certain conditions the ultimate effect of these circumstances is opposite to their immediate effect, 561. — (c) Variations in the aggregate consumption of society, 563. — Effect of such variations on the supply of capital, 564. — Supply of capital also affected by the quantity of labor expended, 567; which for a given population depends on the amount of leisure enjoyed and on the efficiency of labor, 568. — Conclusion on ultimate causes permanently affecting the rate of interest. — Why capital has always been able to earn interest, 569. This content is only available as a PDF. Copyright, 1916–17, by the President and Fellows of Harvard College
Marketing Agencies Between Manufacturer and JobberWeld, L. D. H.
doi: 10.2307/1884036pmid: N/A
Summary I. Introductory. Reasons why manufacturers employ intermediaries to reach jobbers, 571. — Distinguishing features of commission houses, manufacturers' agents, and brokers, 574. — II. Commission houses in the textile trades, 576. — III. Manufacturers' agents and purchasing agents in the hardware trade, 580. — IV. Manufacturers' agents in the grocery trade, 586. — V. Brokers in the grocery trade, 589: flour brokers, 591; canned goods brokers, 594; sugar brokers, 596; coffee brokers, 598. — Conclusion. 599. This content is only available as a PDF. Copyright, 1916–17, by the President and Fellows of Harvard College
The Use of Private Tokens for Money in the United StatesBarnard, B. W.
doi: 10.2307/1884037pmid: N/A
Summary I. Definition and varieties, 600. — II. Tokens issued prior to 1800, 602. — Foreign, 603. — Home manufacture, 605. — III. Tokens issued from 1800 to 1861, 608. — War of 1812 period, 608. — Jacksonian era, 611. — Gold tokens, 617. — Georgia, 617. — North Carolina, 618. — California, 620. — Miscellaneous, 624. — IV. Tokens issued since 1861, 626. — Civil War period, 626. — Period after Civil War, 634. This content is only available as a PDF. Copyright, 1916–17, by the President and Fellows of Harvard College
Gasoline Prices as Affected by Interlocking Stockownership and Joint CostHaney, Lewis H.
doi: 10.2307/1884038pmid: N/A
Summary I. Gasoline prices and profits, 636. — II. Dominant position of Standard companies, 638. — Interlocking stock, 639. — Price inequalities, 640. — Dissolution not effective, 641. — III. Remedies proposed, 642. — Prohibition of interlocking stockownership, 643. — Segregation of pipe lines, 645. — Publicity of statistics, 646. — Standardization of product, 647. — IV. Prices and joint cost, 648. — Methods of computing cost, 648. — Dangers from joint cost, 652. — Reasonable price, 653. This content is only available as a PDF. Copyright, 1916–17, by the President and Fellows of Harvard College
A Study of Mitchell's Inquiries into PricesKing, B. W.
doi: 10.2307/1884039pmid: N/A
Summary I. Introductory. Method and purpose of this paper; Mitchell's figures subjected to more refined methods, 656. — II. Comparison of wholesale and retail prices, 658; lag of retail prices not clearly established, 659. — Producers' goods and consumers' goods; examination of annual, quarterly and monthly data, 660. — III. Raw materials, partly manufactured and finished goods move concurrently, 663. — Influence of raw materials eliminated, 664. — Dissimilar price fluctuations of producers' and consumers' goods, 665. — IV. Organic and inorganic goods; Sombart's theory tested, 666. — V. Wages in England and United States; closer relation between wages and wholesale prices in the former, 668. — VI. Summary and conclusions. Mitchell confirmed in part only, 671. — Annual figures not necessarily homogeneous; quarterly figures suggested, 673. 1 I am indebted to Professor W. M. Persons for suggesting this inquiry, which was carried on in connection with the graduate course on statistics conducted by him at Harvard University during the past academic year. This content is only available as a PDF. Copyright, 1916–17, by the President and Fellows of Harvard College
Trade Unionism in the Iron Industry: A Decadent OrganizationHoagland, H. E.
doi: 10.2307/1884040pmid: N/A
Summary I. Earlier history of the Amalgamated Association of Iron and Steel Workers, 674. — Its strength broken by the Homestead strike of 1892, 675. — Its policy suicidal, 676. — Gradually driven out of the Steel Corporation, 677. — II. The Association's annual agreements with the Western Bar Iron Association, 678. — III. Reasons for the continuing hold of the union, 681. — Dissension among the iron workers, 682. — The insurgent movements defeated, 682. — IV. Place of the Association in the sheet and tin plate industry, 686. — V. Its future dubious, 688. 1 The material for this study was collected while the writer was acting as special agent for the United States Commission on Industrial Relations. Grateful acknowledgment is made to union officials and to employers and their representatives who contributed information. On the early history and policies of unions in the iron and steel industry, valuable material is in the following: Wright, C. D., The Amalgamated Association of Iron and Steel Workers; Quarterly Journal of Economics, vol. vii, pp. 400 ff.; Conditions of Employment in the Iron and Steel Industry, Senate Document no. 110, 62d Congress, 1st session, vol. iii, pp. 107 ff.; Fitch, J. A., The Steel Workers; and Fitch, J. A., Unionism in the Iron and Steel Industry, Political Science Quarterly, vol. xxiv, pp. 57 ff. This content is only available as a PDF. Copyright, 1916–17, by the President and Fellows of Harvard College
General Intelligence and WagesWoodbury, Robert M.
doi: 10.2307/1884041pmid: N/A
Summary Unsatisfactory discussion of the subject by economists, 690. — The Binet tests of general intelligence, 691. — Applications in educational psychology, 692. — Application to relation between intelligence and earnings, 694. — Large possibilities of the method, 697. — Need of separating tests of intelligence from those testing environment and schooling, 698. — Vocational guidance, 701. — Conclusion, 703. 1 The writer takes pleasure in acknowledging his indebtedness to Mr. Donald G. Paterson of the University of Kansas for valuable suggestions and criticisms especially on the psychological aspects of this paper. This content is only available as a PDF. Copyright, 1916–17, by the President and Fellows of Harvard College
Kleene's Profit and WagesTaussig, F. W.
doi: 10.2307/1884042pmid: N/A
1 Profit and Wages. A Study in the Distribution of Income. By G. A. Kleene. New York, The MacMillan Co. Pp. iv, 171. Article PDF first page preview Close This content is only available as a PDF. Copyright, 1916–17, by the President and Fellows of Harvard College
Books Receiveddoi: 10.1093/qje/31.4.719pmid: N/A
Article PDF first page preview Close This content is only available as a PDF. Copyright, 1916–17, by the President and Fellows of Harvard College