No issue concerning the Bank Rate could effectively be discussed without constant reference to the complex institutional framework within which it operates. How complex it is can be gauged by the fact that its detailed description in the Report of the Royal Commission on the Working of the...

Britain provides an impressive array of completely or partly subsidised services, certain selections of which are often referred to under the name of the Welfare State. Whether this identification is correct or not is a question which I propose to discuss a little later; for a start let us look...

The purpose of this paper is to discuss a recent Russian publication which appears to be of interest both to students of Marxian theory and to observers of economic development in the USSR.

During Stalin's lifetime and even for some years after his death in 1953, in fact until Khrushchev's denunciation of “Stalinism” in a secret session of the Soviet Communist Party held in February 1956 was allowed to become public knowledge later that year, the economists of the socialist...

Mr Dobb is quite right: I think than an arithmetical example can prove something, namely, that a certain hypothesis is of no general validity and this is what I have demonstrated in my Note. (It might prove, in addition, that the compiler of the example is not very good at arithmetic.) As...

Western economists have for long been under the impression that research into economic problems is stagnating in the Soviet Union. This view is now confirmed by the address which Academician V. Dyatchenko delivered at the 1955 national conference of the heads of the departments of the social...

If the volume of current writing on the subject can be accepted as evidence, it is clear that economists are becoming increasingly concerned by the fact that business men do not use or even understand the jargon of marginalism, despite the fact that it would seem to be in their interests to...

I. Outline of the problem of capital and of the need to reconcile its treatment by Austrian and neo‐classical theorists, as also to establish a link between economics and accountancy practice. II. Introduction to the concept of the money capital requirement function and the criteria of profit...

The time when the role of marketing was regarded merely as that of selling whatever the works thought right to produce is in the past. Whether under the fashionable name of merchandising or not, the proper sphere of marketing begins with product development and also includes investment...

That part of human behaviour which is not rigidly determined by external constraints can be considered as a sequence of more or less free choices. One can talk of a choice only if it is one of several alternatives, and of a free choice only in so far as it is not determined by conditions over...