The Quarterly Journal of Economics, Volume 31

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Harvard University, 1917
Edited at Harvard University's Department of Economics, this journal covers all aspects of the field -- from the journal's traditional emphasis on microtheory, to both empirical and theoretical macroeconomics.

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Pagina 97 - Lectures were once useful ; but now, when all can read, and books are so numerous, lectures are unnecessary. If your attention fails, and you miss a part of the lecture, it is lost ; you cannot go back as you do upon a book.
Pagina 607 - It may, in general, be affirmed, therefore, that there exists, at this time, no adequate circulating medium common to the citizens of the United States. The moneyed transactions of private life are at a stand, and the fiscal operations of the Government labor with extreme inconvenience.
Pagina 194 - In the troublesome times that followed at the end of the second century and the beginning of the third, the country finds a voice and uses it to complain of its hardships to the emperor.
Pagina 611 - ... shall pass current as money, or shall be paid, or offered to be paid or received in payment for any debt, demand, claim, matter or thing whatsoever; and all copper coins or pieces, except the said cents and half cents, which shall be paid or offered to be paid or received in payment contrary to...
Pagina 675 - Should one mill in a combine or trust have a difficulty, all mills in said combine or trust shall cease work until such grievance is settled.
Pagina 640 - ... the acquisition here and there which ensued of every efficient means by which competition could have been asserted, the slow but resistless methods which followed by which means of transportation were absorbed and brought under control, the system of marketing which was adopted by which the country was divided into districts and the trade in each district in oil was turned over to a designated corporation within the combination and all others were excluded...
Pagina 64 - The principal and distinctive device by which scientific management attempts thus to discover and put into operation the objective facts and laws of industrial efficiency, is time and motion study. It is the use of time and motion study, not only for task setting but for the improvement and standardization of all the mechanical and organic features and arrangements of the productive concern, that chiefly distinguishes scientific management from all previous systems of production. Through the use...
Pagina 717 - The Wool Industry: Commercial Problems of the American Woolen and Worsted Manufacture. Chicago: AW Shaw Co.
Pagina 307 - By far the greater number of the events with which economics deals affect in about equal proportions all the different classes of society...
Pagina 93 - More often the thinker has lived by teaching, and modern university organization is deliberately aimed at creating such a relation between teacher and student as shall both stimulate the teacher and train the student. In the moral sciences this arrangement is the main source of modern thought. But it is not wholly successful. There are hundreds of cases in which a professor's teaching spoils his thinking, and these are balanced by hundreds of others in which his thinking spoils his teaching.

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