Back Matter

American Economic Association

Back MatterSource: The American Economic Review, Vol. 38, No. 4 (Sep., 1948)Published by: American Economic AssociationStable URL: http://www.jstor.org/stable/640 .

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VACANCIES AND APPLICATIONS The Association is glad to render service to applicants who wish to make known

their availability for positions in the field of economics and to administrative officers of colleges and universities and to others who are seeking to fill vacancies.

The officers of the Association take no responsibility for making a selection among the applicants or following up the results. The Secretary's Office will merely afford a central point for clearing inquiries; and the Review will publish in this section brief descriptions of vacancies announced and of applications made. It is optional with those submitting such announcements to publish name and address or to use a key number.

Communications should be addressed to: The Secretary, American Economic As- sociation, Northwestern University, Evanston. Illinois.

Vacancies No announcements.

Economists Available for Positions Economic theory, money and banking, public finance: Man, 34, Ph.D. Seeks position teaching economic analysis at or near graduate level. Teaching and research experience; many published articles; comprehensive volume awaiting publication. Minimum salary, $4,500. E212

Advanced theory, international economics, social control of business, Russian economics and institutions, labor, monetary economics: Man, 34, married, M.A., Ph.D., Columbia University. Four years of teaching experience; over 5 years of top-level experience with good government agencies, both here and abroad; travel in Europe and Latin America; many publications; research now in progress. Seeks permanent post at good institution, preferably one with research interest. E243

Business, social and industrial psychology, human relations: Man, mature age, Ph.D. Outstanding references; employed; desires advancement. Available on short notice.

E245

Air and surface transportation, economic development, international economics, market and economic research: Man, 32, married, M.A., working towards Ph.D. Air transport analyst and consultant, S years; writing book on air transportation. Successful experience in statistics and report presentation. Desires position permitting research in transportation, especially as related to economic planning by all levels of government. E246

Advertising, marketing, retail distribution, etc.: Woman, 30, married, M.S. in Business Administration. Eight years of business experience; 1 year government; 3 years teaching. Seeking post in high-ranking college. E254

International economics, comparative economic systems, money and banking, public finance, principles of economics, economic history: Man, 40, single, Ph.D. University of Frankfurt (Main); U. S. citizen. Eight years of experience as economist with U. S. government agencies and with leading private economic research organization; now teaching at Eastern college. Available in September, 1948. E255

Elementary economic principles and theory, history of economic doctrines, government and political theory, public finance: Man, 31, single, Polish subject at present in Great Britain. M.A. (St. Andrews), 1944, Ph.D. (Edinburgh), 1947. Two years of experience in research; speaks fluent English; some teaching experience. Desires lecture- ship or research in economics. E260

Principles of economics, industrial administration, industrial relations: Man, single, B.A., candidate for M.B.A., New York University. Teaching experience on college level in principles of economics and industrial administration; business experience in financial counseling and production control work. Seeks teaching or research position. E270



Business administration and economics: Man, 36, Ph.D. Has both teaching and business experience; has taught introduction to business, American economic history, marketing, advertising, and related subjects. Associate professor seeks full professorship. Available in September, 1948. E271

Marketing, retail distribution, principles: Man, married, M.A. Eight years of teaching and 7 years of business experience. Prefers college in middle west. E272

Economic philosophy, economic theory, history of economic thought, social control of business, economic planning, public utility regulation, transportation, industrial relations, labor problems: Man, 45, married; A.B., LL.B., M.A., with 75 credit hours toward Ph.D.; member of bar. Twenty-five years of successful teaching experience, 10 years on university level; experienced in teaching political science, law, and philosophy and in public lecturing, radio; work on public commissions; publications. Now associate professor at Florida State University, seeking either temporary or permanent appointment in or near a reputable university where work on doctorate can be completed. Available in September. E275

Taxation economics, public finance, statistics, national income formation, international economics: Man, 30, married, B.A. with 2 years toward doctorate. Six years of government experience in economic research and as taxation and economic adviser; private business consultant in international economics. At present abroad on important government work at $10,000 annual salary; publications; desires permanent position in field of taxation or international economics or public finance. Avail- able in September. E276

Auditing, accounting, foreign credits, foreign trade: Man, 44, married; C.P.A., LL.D., Budapest. Practical experience in accounting, auditing, banking, foreign trade, international law. E277

Economic tbeory, business cycle and monetary theory, public finance, international economics, comparative economic systems: Man, 30, married, Ph.D. residence completed, completing dissertation. Four years as economist with leading research organizations; brief teaching experience. Seeks teaching or research position, West Coast preferred. Available in spring, 1949. E278

Economic theory, history, geography and geopolitics, general and social insurance, money and banking, corporation finance, marketing, international economic and political relations: Man, 59, married, Ph.D. Extensive experience in public and private office as executive and economic adviser; published many books and articles; 12 years of American teaching and research experience; book on research in progress. Seeks full professorship or department head in university or outstanding liberal arts college; $5,000 minimum for academic year. Available in September. E279

International economics, money and banking, business cycles, history of economic thought, economic theory, European and Latin-American economics: Man, 34, single, European background, Docteur en Droit (France), Ph.D. (economics) almost completed. Extensive experience in economic research; occupied responsible positions in government service; attached to United Nations body; faculty member of Eastern university; desires teaching and/or research position in good university. E280



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THE ECONOMICS OF MONEY AND BANKING BY LESTER V. CHANDLER

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TEXTBOOK NEWS

THE THIRD EDITION

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READINGS IN ECONOMICS Principles and Problems

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This book of readings to accompany any elementary economics text pre-

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APPLIED ECONOMIC ANALYSIS Edited by Francis M. Boddy, University of Minnesota, in collaboration with Frank E. Childs, University of Minnesota; Wendell R. Smith, Uni- versity of Iowa; 0. H. Brownlee, University of Chicago; Alvin E. Coons, Ohio State University; Virgil Salera, Iowa State College.

This volume represents a concerted attempt to apply the elementary tools of economic analysis to the more important fields of economic problems, at the level of the beginning student. Emphasizing throughout the logical methods of analysis of economic problems, the text presents economics as a technique rather than a dogma. Each a specialist in his own field, the authors collectively bring into focus more than 6o years of experience in teaching principles of economics. Applied Economic Analysis is designed for use in conjunction with, or subsequent to, any sound book of principles. About 500 Pages.

MONEY AND BANKING Jay L. O'Hara, University of Akron

This volume has been designed by the author to furnish the beginning student with a clear, lucid, and readable introduction to a very complex subject. Eliminating the unnecessary masses of historical detail and statistical data which every book on this subject usually includes, Professor O'Hara, with judicious use of hypothetical illustrations and a careful integration of essential factual material, has written a volume which will impart the fundamental concepts of money and banking to the student with a minimum of confusion. For the teacher, the author has prepared an excellent manual of objective tests. About 700 Pages.

INTRODUCTION TO FISCAL POLICY By R. W. Lindholm, Ohio State University

This book fulfills a long-felt need for a clear and elementary statement of the effects of public finance on prices, employment, consumption, and income distribution. It parallels the conventional presentation of the institutional and descriptive aspects of the subject, and also analyzes the economic effects of government expenditures and revenues by the methods of welfare economics. It will be useful as a text for the beginning course, or as a nucleus for study in more advanced courses in the subject. 272 Pages

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AU DI I G By Thomas W. Byrnes, formerly of Columbia University, and K. Lan- neau Baker, member of the firm of Byrnes and Baker and formerly of Columbia University; and C. Aubrey Smith, Ph.D., Professor of Accounting, University of Texas

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HSotel Accounting By Ernest B. Horwath, C.P.A., member of the firm of Horwath and Horwath; and Louis Toth, C.P.A., member of the firm of Horwath and Horwath and Assistant Professor of Hotel Administration, Cornell University.

REVISED EDITION. A standard work, comprehensive, detailed, and abreast of the latest developments and improvements in ac-

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INDIAN JOURNAL OF ECONOMICS Official organ of the Indian Economic Association

(founded in 1918) Published quarterly. Annual subscriptions:

Inland .. Rs 12. Foreign ........... ? 1-4-0, or $5.50

Editorial Board B. N. GANGULI D. GHOSH ABDUL QADIR SARASWAT I PRASAD M. K. GHOSH (Managing Editor) B. R. SHENOY

CONTENTS (a) Articles by recognised authorities on Economic Theory, Economic History, Indian

Economic Problems, Public Finance, Business Finance, Insurance, Planning, Statistical Methods, Econometrics, Mathematioal Economics, Money and Banking, Trade, Industrial Organisation, Marketing, Transportation, Agriculture, Indus- tries, Economic Geography, Labour and Industrial Relations, Social Insurance, Cooperation and Population.

(b) Reviews of books. (c) Notes and Memoranda on current economic affairs. (d) Information about new publications of various Governments and International

organisations and about important articles appearing in other Journals.

Issued by The Departments of Economics and Commerce

University of Allahabad, U.P. (India)

THE SOUTH AFRICAN JOURNAL OF ECONOMICS Editors

C. S. RICHARDS, Managing Editor

W. J. BUSSCHAU H. M. ROBERTSON

CONTENTS OF VOL. 15 NO. 4, DECEMBER, 1947

Some Observations on Foreign Exchange Rates in Theory and Practice ...... ................................................. H. W. J. Wijnholds

The Hardships of Britain-Mr. Harrod's Ideas .............. W. J. Busschau

Die Tegniek om Die Vermindering Van Die Aandelekapitaal Effektief te Maak .................................................... H. J. J. Reynders

Consumption, Investment and War Expenditure in Relation to National Income ........................................................ F. H. Frankel

Reviews: Union Official Publications: Recent Periodicals and New Books.

Single Copies at 6s. per copy, obtainable from the Central News Agency Ltd., and all leading booksellers.

Overseas Agents for subscriptions ?1.1.0 per annum, and single copies (6s. each) Messrs. Staples Press Ltd., 10, Cavendish Place, London W.1.

Subscriptions to the Journal, ?1.1.0 per annum and enquiries re advertisement tariffs to the Chairman, Board of Management, P.O. Box 5316, Johannesburg.

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-For the First Time in America

THE COMPLETE SET of

CAMBRIDGE ECONOMIC HANDBOOKS

General Editor: C. W. Guillebaud

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Maurice Dobbs $1.75 ECONOMICS OF AGRICULTURE

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JOURNAL OF FARM ECONOMICS Published by THE AMERICAN FARM ECONOMIC ASSOCIATION

Editor: WARREN C. WAITE

University of Minnesota, University Farm, St. Paul 1, Minnesota

Volume XXX, August 1948, Number 3

Some of the major articles are:

Excise Taxes and Economic Stability ............................... F. V. Waugh The Efficiency and Stability of American Agriculture ............ . W. W. Wilcox

Iranian Agriculture-Present and Prospective ..................... A. G. Black Production Costs as Criterion of Resource Allocation and Policy ...... R. W. Jones A New System of Farm Accounting ................................A . L. Jolly

This Journal, a quarterly, contains in addition, notes, reviews of books and articles, and a list of recent publications and is published in February, May, August, November by the American Farm Economic Association. Yearly subscription $5.00.

Secretary-Treasurer L. J. NORTON Department of Agricultural Economics University of Illinois, Urbana, Illinois

The Manchester School

of Economic and Social Studies

VOL. XVI, NO. 1 MAY 1948

CONTENTS

The Prospect Before Us ............. ................ W. Arthur Lewis

Private Enterprise and the Theory of Value ................... T. Wilson

The Practice of Economic Planning .......................... R. C. Tress

Some Statistics of the Industrial Revolution in Britain ......... T. S. Ashton

Books received

"The Manchester School" is published three times a year. The annual subscription is 10s. ($2.00) post free and should be sent to the Secretary, "The Manchester School," Eco- nomics Department, The University, Manchester, England.

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MARKETING: Principles and Methods By CHARLES F. PHILLIPS, Ph.D. PRESIDENT, BATES COLLEGE and DELBERT J. DUNCAN, Ph.D. CORNELL UNIVERSITY

MARKETING: Principles and Methods has been prepared for use in introductory courses in general marketing. It presents a modern and comprehensive treatment of this subject with emphasis upon the application of fundamental economic analysis to the field of marketing. In a new and distinctive approach the book begins with that part of the marketing machinery with which the student is familiar; the consumer and the marketing of consumers' goods in the retail field. It then works back through the many problems involved in wholesaling and sell- ing by manufacturers with which the typical student is less well acquainted. The material is presented under the following major headings: Part 1, Introduc- tion; Part 11, The Ultimate Consumer, The Industrial User, and the Market- Part III, Retailing Consumers' Goods; Part IV, Wholesaling Consumers' Goods, Part V, Marketing Industrial Goods, Including Raw Materials; Part VI, Marketing Policies and Practices; and Part VIl, Marketing Activities and the Government.

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MODERN CORPORATION FINANCE Revised Edition

By WILLIAM H. HUSBAND, Ph.D. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION

and JAMES C. DOCKERAY, Ph.D. THE GEORGE WASHINGTON UNIVERSITY

This new edition of MODERN CORPORATION FINANCE reflects the many important influences which have been brought to bear upon the financial operations and policies of private corporations. Among the many improvements in the organization of materials and in the presentation of factual data are the following: (I) An extension of the study of the corporate structure and other forms of business organization in order to build a foundation for the study of finance, (2) Further recognition of the influence of the size of corporations on financial operations, (3) An entirely new approach to promotion and its relation to finance, (4) Enlargement of the treatment of working capital, and (5) Increased emphasis upon the nature and influences of taxes as a factor in financial policy.

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INTRODUCTION TO BUSINESS By LEWIS A. FROMAN, Ph.D. PRESIDENT, RUSSELL SAGE COLLEGE

INTRODUCTION TO BUSINESS presents an entirely new and interesting approach to this subject. It is designed to give the student an appreciation of the function and responsibility of business enterprise in our economy; to familiarize him with the variety of activities which make up our complete business system; and to impress him with the importance of the study he is just beginning. To avoid duplication of subject matter covered in later courses, the author has deliberately omitted separate sections in Production, Statistics, Accounting, Marketing, Finance and other fields. However, he has carefully presented the significance of these subjects in relation to particular business situations which are being analyzed. Each chapter is concluded with a series of questions covering all major points in the order in which they are discussed.

611 Pages College Price $4.25

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SCIENCE & SOCIETY Established 1936

Volume XII No. 3

SUMMER 1948

EUROPEAN RECOVERY AND UNITED STATES AID

by

J. J. Joseph

A comparison of post-war economic trends in Eastern and Western Europe- An analysis of the Economic Cooperation Act and its impact on the countries of Europe-The role of the United States in world economy.

Regular price per copy, 40? Annual Subscription $1.50

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LAND ECONOMICS a quarterly journal of

PLANNING, HOUSING & PUBLIC UTILITIES

Among articles soon to appear are:

The Land of Canada-A Productivity Analysis .......... David L. MacFarlane

Land Tenure Research ................................... Max M. Tharp

Lorean Farm Tenant Purchase Program ........ .............. Clyde Mitchell

Correlation Between Value of Dwelling Units and Altitude ... Hans Blumenfeld

Nationalization of Electric Supply in Great Britain ............R . H. Coase

Interest Rates and "Fair Return" ............................ M. A. Adelman

The Psychological Foundations of Neighborhood Organizations .......... ................................................ lJdith Tannenbaum

Multiple Fuel Needs of the American Economy ..... ...... Walter H. Voskuil

Annual Subscription $5.00 Single Copy $1.50

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*:JHESE recently revised volumes of the "Princeton" Economics and Social Institutions series are proving welcome supplementary books for adoption in elementary economics courses:

LABOR AND SOCIAL ORGANIZATION REVISED (Ready in September) McCabe & Lester

Modern in subject and approach, LABOR AND SOCIAL OR-

GANIZATION, REVISED describes and analyzes labor organization, collective bargaining, labor legislation, social security, and proposals for economic and social reform. A valuable elementary text integrating labor problems with other aspects of our economic system. In press

DEVELOPMENT OF ECONOMIC SOCIETY REVISED ( 1946) Modlin & de Vyver

This recently revised text, combining the historical and the analytical approach, is designed as an introduction to the general economics course. It provides students with a sub- stantial background on economic institutions, doctrines, and societies from medieval to modern times. 484 p. $2.75

MONEY, CREDIT, AND FINANCE REVISED (1947) Luthringer, Chandler & Cline

MONEY, CREDIT, AND FINANCE, REVISED considers the specific problems and the behavior of money and credit under man- aged standards as well as under the automatic gold standard. Economic changes due to the war are stressed. 399 p. $2.75

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SOIA 1 RESEAoRCHvl An international quarterly, founded in 1934, published by the GRADUATE FACULTY OF POLITICAL AND SOCIAL SCIENCE

of the New School for Social Research, New York

Contents for June 1948 (Volume 15, Number 2)

The ITO Charter ................................... RICHARD SCHULLER

Political Forces in Present-Day France ............... HENRY W. EHRMANN

The Great Debt Redemption, 1946-1947 . ................ HEDWIG REINHARDT

Labor under the Taft-Hartley Act .JULIE MEYER

L'vy-Bruhl's Concept of "L'Art Moral Rationnel". JOSEPH NEYER

Max Wertheimer, 1880-1943 .................... HORACE M. KALLEN

BOOK REVIEWS

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THE JOURNAL OF

POLITICAL ECONOMY Edited by WILLIAM H. NICHOLLS

in Cooperation with Other Members of the

Department of Economics of the University of Chicago

The August, 1948, and later issues will contain:

The Utility Analysis of Choices Involving Risk ........................... ............................ By Milton Friedman and L. J. Savage

Liberalism in the Modern State: The Philosophy of Henry Simons .......... .................................. By Charles 0. Hardy

Adam Smith and The Economic Man .................. By William D. Grampp Price Inflexibility-War and Postwar .By Jules Backman How Much Can Planning Do? .................... By David McCord Wright Regional Multilateral Clearing ............................. By Rendigs Fels

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In this book twenty-three scholars collaborate under the editorship of Seymour E. Harris to analyze our current economic problems and to propose a liberal program for their solution.

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Edited By Howard S. Ellis, University of California, Berkeley

Published By THE BLAKISTON COMPANY, Philadelphia 5, Pa.

This volume results from a program developed and financed by The American Economic Association, and carried out under the supervision of a special committee under the chairmanship of J. J. Spengler, to provide for economists outside the particular field, for graduate students, and for qualified lay readers, a summary and critique of significant developments in economic thinking and policy during the past ten or fifteen years.

CONTRIBUTORS and CRITICS In the process of evolving the final form of the essay, each author has had the benefit of criticisms by the editor and by two distinguished economists in each particular field, as follows:

Value and Distribution Critics-Clark Kerr, Sumner H. Author-Bernard F. Haley Slichter Critics-E. H. Chamberlin, J. M.

Clark Development and Use of National Income Data

Employment Theory and Business Author-Carl S. Shoup Cycles Critics-M. A. Copeland, E. E. Hagen

Author-William Fellner Critics-Gottfried Haberler, Alvin H. Monetary Theory Hansen Author-Henry H. Villard

Critics-Edward S. Shaw, Elmer Wood Monopoly and the Concentration

of Economic Power Dynamic Process Analysis Author-John Galbraith Author-Paul A. Samuelson Critics-R. A. Gordon, A. D. H. Critics-Friedrich A. Lutz, Fritz

Kaplan Machlup

Price and Production Policies Econometrics Author-Joe S. Bain Author-Wassily Leontief Critics-Joel P. Dean, Donald H. Critics-Joseph A. Schumpeter,

Wallace W. Allen Wallis

Federal Budgeting and Fiscal Policies Socialist Economics Author-Arthur Smithies Author-Abram Bergson Critics-A. P. Lerner, Frank D. Critics-Lawrence H. Seltzer,

Graham James K. Hall

The Theory of International Trade The Prospects of Capitalism Author-Lloyd Metzler Author-David McC. Wright Critics-James W. Angell, Jacob Viner Critics-Frank H. Knight, Paul M.

Sweezy Economics of Labor

Author-Lloyd Reynolds SEE OPPOSITE PAGE

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