Price-Fixing as seen by a Price-Fixer

F. W. Taussig

The Quarterly Journal of Economics, 1919, vol. 33, issue 2, 205-241

Abstract: The three agencies that regulated prices, 205. — Differences in their methods, 206. — The Price-Fixing Committee, 209. — Commodities regulated by the committee, 209. — Ground for their selection; heavy government needs, 210. — Prices were fixed as maxima only, 214. — Gradual elaboration and extension, 214. — Cost of production as the basis, 216. — Marginal, or "bulk-line," cost, and charts illustrating it, 218. — This basis of price-fixing justified by economic theory, 222. — Distinction between differences in cost based on physical causes and those based on human qualities, 222. — The real ground for stress on marginal cost was necessity of maintaining output, 228. — Special phases of some articles, lumber, cement, iron and steel, 229. — Proposals for an average or pooled price, 232. — Objections to this method, 233. — Conclusion, 238.

Date: 1919
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://hdl.handle.net/10.2307/1884733 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:qjecon:v:33:y:1919:i:2:p:205-241.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

More articles in The Quarterly Journal of Economics from President and Fellows of Harvard College
Bibliographic data for series maintained by Oxford University Press ().