Search

The many vexing questions in the theory of income distribution can be usefully dichotomized into two groups. An intro generational model of income distribution takes as given the distributions of inherited wealth and abilities and studies the factors that explain how the current distribution of income is derived. An intergenerational model, by contrast, concentrates on the transmission of net worth and human capital across generations. The present paper deals with one important aspect of the latter problem i.e., how is the distribution of inherited wealth determined? This question has received almost no attention in the economic literature. Josiah Stamp's lament that "scientific economic inquiry into the subject of inheritance . . has thus been very scanty" The significance is as true in 1973 as it was in 1926. The model, combined with some model of the intergenerational transmission of human capital, would "close the loop" between the income distribution of one generation and the income distribution among its heirs.

The article presents information on several books on economics. The book "Private Foreign Investment and the Developing World," edited by P. Ady, contains ten papers delivered in a conference on private foreign investment. The discussions frequently amplify and elucidate the papers, and the coverage is fairly broad, including papers discussing the effects of current fiscal systems on the flow of investible funds, profits and goods, and several papers discussing joint ventures, both by private companies and government agencies. The book "The Remoter Rural Areas of Britain," by J. Ashton and W.H. Long, is a record of on the theme of adjustment problems of the areas of Great Britain that are relatively remote, either in geographical terms or in terms of their low level of access to transport and welfare facilities. Some other books are: "Southeast Asia's Economy in the 1970s"; "The Labour Government's Economic Record 1964-1970"; "Persistent Poverty: Underdevelopment in Plantation Economies of the Third World."

This article provides information on the activities of the Royal Economic Society. The Annual Meeting of the Royal Economic Society was held at the British Academy, Burlington House, on July 8, 1971. Professor E.H. Phelps Brown was re-elected president. After the formal business, the president addressed the Society on "The Underdevelopment of Economics." The Society proposes to organize, beginning in 1972, specialist conferences on appropriate problems of economic theory or practice. Money will be reserved to bring distinguished scholars from overseas and to assist younger participants to attend. The Editorial Advisory Board for the Economic Journal held its first meeting immediately before the Annual General Meeting of the Society on July 8, 1971, and reviewed a wide range of questions of editorial policy. Among the questions discussed was the problem of handling the growing number of new books for review or noting. The editors have decided to omit reference to some of the more ephemeral pamphlet publications and to American publications, of marginal interest to readers of the journal, which were adequately covered by the Journal of Economic Literature.

The article presents a list of periodicals and books related to economics. Some of the periodicals are "Economica,"Scottish Journal of Political Economy," "National Institute Economic Review," "Journal of Common Market Studies," "The British Journal of Sociology," "British Tax Review," "The Bankers' Magazine," "Indian Journal of Agricultural Economics," "The American Review of Soviet and Eastern European Foreign Trade," "Problems of Economics," "The Kyoto University Economic Review," "Hitotsubashi Journal of Economics," and "Economic Bulletin of the National Bank of Egypt." Some of the books are: "Housing in the Modern World," by C. Abrams; "The Structure of Industry in Britain," 2nd ed., by G.C. Allen; "Statistics for Economists," by R.G.D. Allen; "Food Supply and Economic Development with Special Reference to Egypt,"by G. Amin; "The Use of the United Kingdom's Capital Resources," by S. Bewlay.

Lists several periodicals and books on economics. 'Moving Seasonal Adjustment of Economic Time-Series,' by J.P. Burman; 'The Recent Trend of Mortality in Great Britain,' by L.V. Martin; 'Developing Countries in Debt,' by S.E. Mynott; 'The Schools of the Six,' by J.L. Henderson.

The article focuses on the use of various publications by physiocrats in the eighteenth century to spread their beliefs and doctrines related to economics. In the eighteenth century, the physiocrats faced the problem of finding an appropriate media of expression. The books which the physiocrats wrote had a limited number of readers. Desiring wider public attention, the physiocrats found acceptance among the readers of an already well established periodical, that is, "Le Journal économique." As economist François Quesnay's group of devoted disciples grew in number and strength, the Journal became alarmed by the program of Quesnay's economic school. In 1763, "La Gazette du commerce," a biweekly newspaper, was launched. The physiocrats took advantage of this opportunity to promote their beliefs alongside opposing views and succeeded in making an impression. The year 1776 marked the physiocrats' official exit as a school of economic thought. That year also marked the beginning of the classical school of economic thought with the publication of Adam Smith's book "An Inquiry Into the Nature and Causes of the Wealth of Nations."

Presents a lists of publications related to economics as of May 1946.

The article presents a list of publications related to economics as of February 1942. Some of them are as, "American Association of Collegiate Schools of Business; "Better Nursing for America," by Bnulah Amidon; "Cut Non-Defense Costs Now!," by Willard D. Arant; "The United States College Graduate," by F. Lawrence Babcock; "An Introduction to Political Economy," by V.W. Bladen; "The Continental Congress," by Edmund Cody Burnett; "Questions and Exercises on the Principles of Economics," by Raymond T. Bye et al.

The article presents a list of books on labor economics published recently in the August issue of "The Quarterly Journal of Economics." Some of the books in the list include, "Labor Parties of Latin America," by Robert Alexander, "Democracy and Free Enterprise," by Thurman W. Arnold, "The Use of Personal Documents in Psychological Science," by Gordon W. Allport, "An Appraisal of the President's "Anti-Inflation" Program," by Benjamin M. Anderson, "Democracy and Free Enterprise," by Thurman W. Arnold, "Our One Hope of Peace," by Robert S. Aspinwal, "Introduction to Social Science: A Survey of Social Problems," vol. 2, by G.C. Atteberry, J.L. Auble and E.F. Hunt, "Women in War Industries," by Helen Baker, "The National Bituminous Coal Commission: Administration of the Bituminous Coal Act, 1937-1941," by Ralph Hillis Baker, "Government under Pressure," Donald C. Blaisdell and "Subcontracting in German Defense Industries," Herbert Block, "The Women's Trade Union Leagues in Great Britain and the United States of America," by Gladys Boone.

The article presents a list books on economics compiled as of November 1938. Some of then are "The Pursuit of Happiness: The Story of American Democracy," by Herbert Agar; "Economia e Politica nel Ducato di Milano 1386-1535," by Gino Barbieri; "Early British Economics From the XIIIth to the Middle of the XVIIIth Century," by M. Beer; "Public Order and Popular Disturbances: 1660-1714," by Max Beloff; "A Method of Isolating Sinusoidal Components in Economic Time Series," by O.W. Balckett and W.P. Wilson; "The Investment Value of Goodwill," by L.N. Bloomberg.

This article presents a list of books and pamphlets related to economics including "Commercial Arbitration in Pennsylvania," by John R. Abersold, "Recent Trends in the Rural Population of Ohio," by P.G. Beck, "Monetary Developments Since 1932," by Frederick A. Bradford, "Europe: A Geographical Survey," by J.F. Bogardus, and "Codes, Cartels, National Planning: The Road to Economic Stability," by Bruno Burn.

The article discusses the definition of rationalization in scientific and quasi-scientific economic literature in Germany in the 1930s. Germanic in origin, the word rationalization arose as an expression to cover the process of rationing production in the over-expanded heavy industries at the beginning of the reconstruction following the inflation. Careful examination of the relevant literature will show that while there is a measure of agreement over the content of rationalization as an industrial program, particularly in its more purely technological features, there is considerable difference of opinion both as to the scope of the movement and as to emphasis. The most commonly entertained conception of rationalization identifies it directly with all those efforts and programs within and between separate industrial and business undertakings which make for the elimination of waste in the general sense understood by the American Engineering Council in its report on Waste in Industry, published in 1926. Rationalization is sometimes associated primarily with coordination and integration within particular industries, usually looking toward the establishment of a complete or partial monopoly, but sometimes merely toward the establishment of price-fixing policies.

Evaluates Paul T. Homan's 'Contemporary Economic Thought.' Essays dealing with John Bates Clark, Thorstein Veblen, Alfred Marshall, John A. Hobson and Wesley C. Mitchell; Limitations of the book.

The article presents a list of books about economics. They include "Highway Administration and Finance," by Thomas R. Agg and John E. Brindley, "The National Income 1924. A Comparative Study of the Income of the United Kingdom in 1911 and 1924," by Arthur L. Bowley and Josiah Stamp, and "The Economic Theory of the Leisure Class," by Nikolai Bukharin.

Examines trends in economic theory in the U.S. through a survey of books written by American economists. Failure of behaviorism; Science of economics; Ethics in relation to economic inquiries; Theory of value and distribution; Inductive methods.

Presents list of publications in Economics published or announced since May 1903 enumerated in the August 1903 issue of the 'Quarterly Journal of Economics.'

Lists various books and periodicals on topics related to economics. 'The Basis of Social Relations. A Study in Ethnic Psychology,' by D.G. Brinton; 'Labor Legislation, Labor Movements, Labor Leaders,' by G. Howell; 'The American Farmer,' by A.M. Simons; 'Financial Crises and Periods of Industrial and Commercial Depression,' by T.E. Burton.

The article discusses the work of William Petty in the field of economic theory. Petty's economic writings are divided into three chronological groups corresponding to a distinct period in his life and containing books that have a common provocation and common characteristics. The characteristic subject of the first group is taxation. The second group contains his pamphlets entitled "The Political Anatomy of Ireland" and "Political Arithmetic." The third group contains the more numerous but briefer pamphlets. The claim of Petty's writings to economic recognition rests upon the basis of their method and their content. Petty used the statistical method in his writings and he was one of the most extreme among English mercantilists.

Highlights books on economics. 'Our Foes at Home,' by H.H. Lusk; 'Jesus Christ and the Social Problem,' by F.G. Peabody; 'La vie ouvriere en France,' by F. Pelloutier; 'America's Working People,' by C.B. Spahr; 'The Housing of the Poor in London,' by A. Lewis; 'The Glasgow Family Home,' by F.W. Moore.

Lists several publications on economics. 'Philadelphia's Water: A Story of Municipal Procrastination,' by C.R. Woodruff; 'The Formation and Control of Trusts,' by A.T. Hadley; 'The Strength and Weakness of the Trust Idea,' by John G. Brooks; 'Some of the Economic Conditions of the Farmer,' by G.K. Holmes.

The article presents a list of books and periodicals on topics related to economics, socialism, land, emigration, population and others, including, "The Logical Process of Social Development," by J.F. Crowell, "Tendencies in American Economic Thought," by S. Sherwood and "The State and Charity," by T. Mackay.

This article presents a list recent publication related to Economics. Some of the publication were "Economics as a School Study," by F.R. Clow published by American Economic Associations, "The Economics of Distribution," by J.A. Hobson," The National Income and its Distribution," by Smart Williams, "The True Basis of Economics," being a Correspondence between President D.S. Jordan and D.H. Stallard on the Merits of the Doctrine of Henry George, "Saving and Spending," by A.W. Flux published in the journal "Economic Review." This article also includes topics on money, banking, credit and prices published in various journals.

The article presents a list of publications related to economics including, "The Third Factor in Production, and Other Essays" by A.J. Ogilvy, "Dictionary of Political Economy," by R.H. Inglis Palgrave, and "Introduzione alla Economia Mathematica," by Fabrice Virgili.

The article presents a list of publications on economics including "Individualism and Socialism," by S. Ball and F.W. Hirst, "History of the Great Northern Railway," by C.H. Grinling, and "A History of Early Railroad Legislation in Wisconsin," by B.H. Meyer.

The article presents world news briefs. The Council of the American Economic Association formed a Committee on the Scope and Method of the Twelfth Census during its meeting held in December 1897. Sidney Webb's "Industrial Democracy," is the recent book to be published on monetary issue. A Paris, France-based firm has published the dictionary "Dictionnaire du Commerce, de l' Industrie, et de la Banque," edited by Yves Guyot and A. Raffalovich.

The article presents the author's views on the old generation of economists in the nineteenth century and new generation of economists in the twentieth century. Economists in the nineteenth century qualitatively analyzed the economic literature to explain things in its true perspective. Generally speaking, economists take consumer's side as against the producer aiming to protect the consumer against those who speak for trade.

This article presents information on various books, papers and periodicals related to economic development. Some of the publications are--"Modem Civilization in Some of Its Economic Aspects," by W. Cunningham; "The Theory of Social Forces," by S.N. Patten; "The Principles of Sociology: An Analysis of the Phenomena of Association and of Social Organization," by F.H. Giddings; "Parasitism, Social and Organic," by J. Massart; "Strikes and Social Problems," by L.S. Nicholson; "Handbook to the Labor Law of the United States," by F.J. Stimson; and "The Poor Colonies of Holland," by J.H. Gore.

Presents information on various books and periodicals on Economics published in the year 1896 in the United States.

The article presents a list of recent publications related to economics and infrastructure. Some of the publications included in the list are: "Recent Tendencies in Economic Literature," by A.T. Hadley; "Prediction As a Test in Political Economy," by W.D. McDonnell; "The Eight-Hours Bill for Miners: Its Economic Effect," by E. Bainbridge; "State Aids to Railroads in Missouri," by J.W. Million and "State Railways in Australia," by W. Hill.

The article presents a list of literary works related to economics. Some of the literary works mentioned are, "The Beginning of Utility," by S.N. Patten; "Chapters in Workshop Reconstruction and Citizenship," by C.R. Ashbee; "The Home or the Barrack for the Children of the State," by S. Barnett; "The Relation of Labor Organizations to Trade Instruction," by E.W. Bemis; "The Policy of Labor," by C. Edwards; "Working-Class Settlements in Mulhouse and Milan," by C. Hancook; "The Labor War in the United States," by J.S. Jeans; "Wage-Earners in Western Queensland," by G.M.L. Lester; "The Report of the Labor Commission," by L.L. Price; "Incidents of Labor War in America," by W.T. Stead; "Two Dialogues on Socialism," by J.M. Ludlow; "Socialism and Natural Selection," by K. Pearson; "The History of a Cambridgeshire Manor," by F.W. Maitland; "Theories of Mixture of Races and Nationalities," by R. Mayo-Smith; "The Gold Question: An Appeal to Monometallists," by J.P. Heseltine; and "A Century of American Wool Manufacture," by S.N.D. North.

The article presents a list of recent publications upon economics. Some of them are "The Distribution of Wealth," by J.R. Commons; "Outlines of Economics," R.T. Ely; "History of Political Economy," by J.S. Nicholson; "Public Assistance of the Poor in France," by E.G. Balch; "Women Wage Earners," by Helen Campbell; "The Social Problem: Its Possible Solution," by A.O. Jay; "Industrial Arbitration and Conciliation," by Josephine S. Lowell; "The Housing of the Poor in American Cities," by M.T. Reynolds; "Pictures of the Socialistic Future," E. Richter; "A Study of Small Holdings," by W.E. Bear; and "History of a Village Community in the Eastern Counties," by I.D. Gedge.

This article presents a lists several books and papers on various topics of economics. Some of the books are--"Municipal Ownership of Gas in the United States," by E.W. Bemis; "Freeland: A Social Anticipation," by T. Hertzka; Municipal Ownership of Gas in the United States," by E.W. Remis; "The Coal Question," by F. Brown; "The Evolution of the Socialist Programme in Germany," by G. Adler; "A National Pension Fund," by E. Cooper; Wanted, a department of Labor," by R. Donald; and "Economic and Industrial Delusions: A Discussion of the Case for Protection," by A.B. Farquhar and H. Farquhar.

This article presents notes and memoranda on various issues related to economics. The periodical is to be issued quarterly, and is to be open to the entire range of social and economic discussion, both theoretical and practical, with no tendency to the support of any special school of thought, but with a welcome for all views presented and treated in an earnest and scientific manner. The announcement and the names of the editors alike bespeak for the new corner an important place in current economic literature. By this amendment, the article, which formerly expressly forbade the establishment of any monopoly of issue or of any obligation to receive bank-notes, has been amended so as to declare that the right of issue belongs exclusively to the Confederation, and may be exercised either by a national bank or by a central incorporated bank under the control of the Confederation. These returns in more than one country have been so discredited as to make it impossible to assume even that the errors will offset each other.

The article presents a list of recent publications in economics including "The Educational Value of Political Economy," by S.N. Patten, "Principles of Political Economy," by A.L. Perry, and "Principles of Social Economics, inductively considered and practically applied, with Criticisms on Current Theories," by G. Gunton.

The article presents the author's analysis of the works of Alfred Marshall, a professor of Political Economy in the University of Cambridge in Cambridge, England. He analyses the style of works of Marshall on political economy. The author supports the view of Marshall that although English economist David Ricardo is criticized by many modern authors, hardly has anyone overthrown his principles. The point that the iron law of wages was not postulated by Ricardo is also supported by the author.

The article presents the author's comments on the theory of rent and its relation to the law of distribution. He provides various definitions and aspects of the theory of differential rent. The author provides important inputs during the discussion of various topics such as profit, creation of wealth, wages, varieties of rent, capital, and the time factors associated with rent.

The article lists publications on the subject of economics, published or announced since April 1888. Some of the books on general works, theory and its history are "The Sociological Character of Political Economy," by F.H. Giddings; "The Present Condition of Economic Science," by E.C. Lunt; and "Political Economy: An Elementary Text-book of the Economics of Commerce," by E.C.K. Gonner. Some of the books on economic history and description are "An Introduction to English Economic History and Theory: The Middle Ages," by W.J. Ashley; "Finance and Politics: An Historical Study, 1783-1885," by S. Buxton; "Selections Illustrating Economic History Since the Seven Years' War," by B. Rand; and "Practical Economics: A Series of Essays Respecting Certain of the Recent Economic Experiences of the United States," by D.A. Wells; "Some Canadian Railway and Commercial Statistics," by J.G. Colmer; "Economic Disturbances Since 1873," by D.A. Wells. Some of the books on population, emigration and colonies are "The Invasion of Pauper Foreigners," by S.N. Fox; and "Control of Immigration," by R.M. Smith.

The article profiles political economist John Ruskin. Ruskin is always wandering and digressive, imaginative, and capricious in style and thought. He is generally egotistical, sometimes ill tempered, occasionally even childish and absurd. Many of his earlier sentences were penned in prejudice and ignorance. Ruskin also combats the views that "anything which is an object of desire to numbers, and is limited in quantity so as to have rated worth in exchange, may be called or virtually become wealth"; and that the worth of things depends on the demand for them instead of on the use of them. Wealth consists an intrinsic value developed by a vital power and the study of wealth is a province of natural science. It deals with the essential properties of things. Ruskin is well known, as a single bit of misinformation may always be well known, to be a person not fond of steam machinery and liking pictures. And he is commonly understood to have applied one to the other, and so mixed up taste and distaste in a hopelessly illogical way.

The article focuses on the condition of the economics literature in Russia. During the period between 1800-1850s, economic literature in Russia was limited, perhaps due to censorship during the rule of Czar Nicholas. After the Crimean war around 1856, reform arrived in the form of emancipation of the serfs and foundation of small cooperative credit associations, mainly due to lack of faith in the previous government system. This reform also brought with it a demand for the study of political economy. Initially, Russian economic literature consisted of translations of texts from other countries but soon original texts were being written that addressed the problems of the country. One primary topic was the socialist measure involving peasant land and its distribution.

The article presents a list of publications on economics including "India's Unadjusted Trade Balance," by W.M. Wood, "Historical Sketch of the Finances of Pennsylvania," by T.K. Worthington, with an introduction by E.T. Ely, and "Third Annual Report of the Commissioner of Labor: Strikes and Lockouts," by C.D. Wright.

The article comments on the article "The New View of Investment: A New Classical Analysis," by Edmund S. Phelps, published in the November 1962 issue of the "Quarterly Journal of Economics." It informs that it has been suggested by a number of writers that if part or all of technical progress requires to be embodied in new machines, a rise in the propensity to save may contribute to raising the level of output not only by raising the capital/labor ratio on machines of a given vintage but also by lowering the average age of machines, thus increasing the proportion of the capital stock that embodies the latest technology at any time. The article aims to show that on the type of assumptions used by Phelps this conclusion is valid in an economically significant sense only if the elasticity of substitution between labor and capital is equal to unity (as it is in his model). Phelps offers a proof that the average age of the machines in existence under steady growth depends only on the rate of growth and the rate of depredation.

The article presents a list of research papers and books related to economics. Some of the books included in the list are "Malthus and Classical Economics," by B. Ambirajan; "Economic System Analysis: Concepts and Perspectives," by Friedrich Baerwald; "Condition and Income of Texas Commercial Banks: The Effects of Size and Location, 1956 and 1958," by William H. Baughn and David Townsend; "A Short Introduction to the Economy of Latin America," by F. Benham and H.A. Holley; "Estimated Distribution of Minnesota Taxes and Public Expenditure Benefits," by O.H. Brownlee; "The South Sea Bubble," by John Carswell; "Exhaustion of Unemployment Benefits During a Recession: A Case Study," by William Stanley Devino; "Monetary Decisions of the Supreme Court," by Gerald T. Dunne; "The Soviet Industrialization Debate, 1924-1928," by Alexander Erlich; "The Union Pacific Railroad: A Case in Premature Enterprise," by Robert William Fogel; "Economic Systems: A Comparative Analysis," by George N. Halm; "The Demand for Durable Goods," edited by Arnold C. Harberger.

The article presents a list of books about economics. They include "Cycles of Prosperity and Depression in the United States, Great Britain and Germany," by Alvin Harvey Hansen, "The American Embargo, 1807-1809," by Walter Wilson Jennings, and "The Rural Community," by Llewellyn MacGarr.

The article presents a list of books about economics. They include "The Great Illusion: A Study of the Relations of Military Power in Nations to their Economic and Social Advantage," by N. Angell, "The Higher Education as a Training for Business," by H. P. Judson, and "The American Silk Industry and the Tariff," by F. R. Mason.

The article presents bibliography on economics.

Presents an errata for the article Leontief published in the February 1946 issue of 'Quarterly Journal of Economics.'

The article presents the clarifications for assigning a large portion of "The Quarterly Journal of Economics," to a singular topic of differential rent. It is stated that the topics in which two writers, John A. Hobson and John B. Clark have contributed in the journal are similar. The two writers have adopted different approaches, both of which are important from the reader's point of view.

This section presents a bibliography of books and other publication in economics as of May 1970.