THE MANCHESTER SCHOOL.

This article presents abstracts of several papers about economics published in the September 1964 issue of the journal the Manchester School. The paper Special Deposits As an Instrument of Monetary Policy, N. J. Gibson assessed the effectiveness of special deposits as an instrument of monetary policy and how they fit into the context of post-war monetary policy in Great Britain. While in the article A Reconsideration of Investment and Pricing Criteria in the Nationalised Industries, A. J. Merrett examined alternative investment and pricing policies for nationalized industries in the light of the proposition that since the costs of welfare maximization may be considerable and these costs enter into the function to be maximized.