Journal of Political Economy

1893 - 2025

From University of Chicago Press
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Volume 68, issue 6, 1960

Kantorovich on Economic Calculation pp. 545

Benjamin Ward

Some Institutional Aspects of the Wealth of Nations pp. 557

Nathan Rosenberg

Capital Formation by Education pp. 571

Theodore W. Schultz

Long-Run Changes in Occupational Wage Structure, 1900-1956 pp. 584

Paul G. Keat

Monetary Policy and Its Critics pp. 601

James R. Schlesinger

Friedman on the Lag in Effect of Monetary Policy pp. 617

J. M. Culbertson

The Public Debt, Corporate Income Taxes, and the Rate of Interest pp. 622

Robert Mundell

The Burden of Monopoly pp. 627

David Schwartzman

Are Farmers Irrational?--A Reply pp. 630

Jesse W. Markham

Are Farmers Irrational?: Rejoinder pp. 632

Zvi Griliches

Positive Policy in the Fertilizer Industry pp. 634

Vernon Ruttan

Volume 68, issue 5, 1960

Non-Convexity, Aggregation, and Pareto Optimality pp. 435

Jerome Rothenberg

Government Efficiency and the Military "Buyer-Seller" Device pp. 469

Norman V. Breckner

The Manichaean Heresy: A Note for Economists pp. 507

Jacob Weissman

A Note on the Saving-Wealth Relation and the Rate of Interest pp. 509

Arnold Collery

An Application of Leibenstein's Theory of Underemployment pp. 511

Hannan Ezekiel

Commercial Banks and Financial Intermediaries: Fallacies and Policy Implications--A Comment pp. 518

Leland J. Pritchard

Commercial Banks and Financial Intermediaries: Fallacies and Policy Implications: A Reply pp. 523

Joseph Aschheim

Commercial Banks and Financial Intermediaries: Fallacies and Policy Implications: A Rejoinder pp. 524

Leland J. Pritchard

Volume 68, issue 4, 1960

The Cost of Protection and the Scientific Tariff pp. 327

Harry G. Johnson

Product Differentiation and Advertising: Some Lessons from Soviet Experience pp. 346

Marshall I. Goldman

Differences between the Personal Demand for Money and the Business Demand for Money pp. 358

John J. McCall

Price-Level and Money-Denomination Movements pp. 369

John J. Klein

Featherbedding: A Theoretical Analysis pp. 379

Paul A. Weinstein

The Scene of the Crime of 1873 Revisited: A Note pp. 388

Paul M. O'Leary

Kreinin, the GATT Hypothesis, and Trade Diversion pp. 393

Sterie T. Beza

Returns to Speculators: Telser versus Keynes pp. 396

Paul H. Cootner

Returns to Speculators: Reply pp. 404

Lester G. Telser

Returns to Speculators: Rejoinder pp. 415

Paul H. Cootner

Volume 68, issue 3, 1960

Random Variations and Sampling Models in Production Economics pp. 219

R. A. Levine and R. B. Rainey

Labor-Market Aspects of the St. Lawrence Seaway Project pp. 232

Donald E. Cullen

Economic Planning in the Netherlands, France, and Italy pp. 252

Stanislaw Wellisz

A Note on Relative Shares and the Elasticity of Substitution pp. 284

M. Bronfenbrenner

Cost Push Versus Demand Pull: A Reply pp. 297

Richard T. Selden

George Berkeley as an Economist: A Comment pp. 302

T. W. Hutchison

George Berkeley as an Economist: Reply pp. 307

Ian D. S. Ward

Volume 68, issue 2, 1960

The Specie Circular and Distribution of the Surplus pp. 109

Richard H. Timberlake and Jr.

The Second Bank of the United States and the Inflation after the War of 1812 pp. 118

Leon M. Schur

Industrial-Urban Development and Agricultural Adjustments, Tennessee Valley and Piedmont, 1939-54 pp. 135

William H. Nicholls

Identical Bid Prices pp. 150

Vernon A. Mund

A Note on the Expenditure Effect of State Aid to Education pp. 170

Edward F. Renshaw

Wage Escalators and Inflation in Denmark, 1945-55 pp. 175

Dudley W. Johnson

The Economics of Slavery in the Ante Bellum South: Another Comment pp. 183

John E. Moes

The Economics of Slavery in the Ante Bellum South: A Reply pp. 187

Alfred H. Conrad and John R. Meyer

Volume 68, issue 1, 1960

A Method of Identifying Disturbances Which Produce Changes in Money National Income pp. 1

Jerome L. Stein

Volume 67, issue 6, 1959

Labor Mobility, Unemployment, and Economic Change: An Indian Case pp. 545

Ralph C. James

Maintenance Costs and Economic Development pp. 560

Rudolph C. Blitz

Problems of Majority Voting pp. 571

Gordon Tullock

Bank Earnings and the Competition for Savings Deposits pp. 580

Deane Carson

The Structure of Saving and the Consumption Function in Postwar Japan pp. 589

Miyohei Shinohara

J. S. Mill on Monopoly and Socialism: A Note pp. 604

Abram L. Harris

Once More: Capital Formation in Residential Real Estate pp. 612

Leo Grebler, David M. Blank and Louis Winnick

Capital Formation in Residential Real Estate: Reply pp. 619

Margaret G. Reid

Capital Formation in Residential Real Estate: Rejoinder pp. 626

Leo Grebler, David M. Blank and Louis Winnick

Bigness, Fewness, and Research pp. 628

Jacob Schmookler

Bigness, Fewness, and Research: Reply pp. 633

Henry H. Villard

Volume 67, issue 5, 1959

Utility, Risk, and Linearity pp. 437

G. C. Archibald

Changes in Labor Inputs in Soviet Agriculture pp. 451

Arcadius Kahan

Inflation and the Price Mechanism pp. 463

Harold Wolozin

Formal Criteria for Investment Decisions pp. 476

Martin J. Bailey

The Tata Steel Strike: Some Dilemmas of Industrial Relations in a Developing Economy pp. 489

Subbiah Kannappan

Relative Permanent Income: Elaboration and Synthesis pp. 508

William Fellner

Consumption-Loan Interest and Money pp. 512

Abba P. Lerner

Consumption-Loan Interest and Money: Reply pp. 518

Paul A. Samuelson

Consumption-Loan Interest and Money: Rejoinder pp. 523

Abba P. Lerner

Volume 67, issue 4, 1959

The Demand for Money: Some Theoretical and Empirical Results pp. 327

Milton Friedman

The Effect of Monopoly on Price pp. 352

David Schwartzman

Instalment Credit Control: A Theoretical Analysis pp. 363

Alpha C. Chiang

The Convexity Assumption in the Theory of Competitive Markets pp. 377

M. J. Farrell

Transport Costs and Comparative Advantage pp. 392

J. N. Wolfe

On the "Trade-Diversion" Effect of Trade-Preference Areas pp. 398

Mordechai Kreinin

Forecasting Industrial Production--Leading Series versus Autoregression pp. 402

S. S. Alexander and H. O. Stekler

New Developments on the Oligopoly Front: Cournot and the Bain-Sylos Analysis pp. 410

Franklin M. Fisher

New Developments on the Oligopoly Front: A Comment pp. 414

Donald E. Farrar, Charles F. Phillips and Jr.

New Developments on the Oligopoly Front: Reply pp. 418

Franco Modigliani

Volume 67, issue 3, 1959

Determinants of Risk Premiums on Corporate Bonds pp. 217

Lawrence Fisher

The Effect of Tariffs on the Level and Terms of Trade pp. 246

W. M. Gorman

Deflationary Effects of Outlay and Income Taxes pp. 266

Amotz Morag

The Behavior of the French Money Supply: 1938-54 pp. 275

Allan Meltzer

The Simple Economics of Basic Scientific Research pp. 297

Richard Nelson

Dollar Shortage: A Modern Myth pp. 307

Raymond F. Mikesell

Volume 67, issue 2, 1959

An Organizational Model of Soviet Industrial Planning pp. 109

David Granick

Price Expectations, Money Illusion, and the Real-Balance Effect pp. 131

John H. Power

Criteria for Choice Among Risky Ventures pp. 144

Henry Allen Latane

Foster and Catchings: A Reappraisal pp. 156

Alan H. Gleason

Income Protection for Farmers: A Possible Approach pp. 173

Boris C. Swerling

Congressional Hearings and the Federal Reserve pp. 187

C. R. Whittlesey

Workers' Management in Yugoslavia: A Comment pp. 194

Branko Horvat and Vlado Rascovic

Workers' Management in Yugoslavia: Reply pp. 199

Benjamin Ward

Volume 67, issue 1, 1959

Cost-Push versus Demand-Pull Inflation, 1955-57 pp. 1

Richard T. Selden