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The measurement of income elasticities of demand for farm products, both individually and as an aggregate, is a fundamental problem which has concerned a considerable number of agricultural economists. Professor Milton Friedman's recent study, A Theory of the Consumption Function (3),1...
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This paper examines the effects which agricultural economists had on developments in economics and on economic policies during the years 1910-1960. These developments are viewed against the backdrop of what was happening in the economy at large and particularly with respect to farmers, and of...
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The question of optimal population size is investigated for three alternative social welfare functions: (1) the total utility of the present and future generations (Benthamite), (2) the average utility (Millian), and (3) the individual utility of a member
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We provide a concise overview of time series analysis in the time and frequency domains, with lots of references for further reading.
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