This article describes the relationship between the understanding and practice of standard costing in both the U.S. and the U.K. and discusses the development of specific practices in the immediate post-World War II period. Based on a detailed review of the post-war literature, the authors...

The purpose of this chapter is to link Ronald Coase's methodological approach to what he ‘learned' when he was at the London School of Economics (LSE) from Edwin Cannan and Arnold Plant. The main lesson Coase taught us and insisted upon was that economics should not be too ‘abstract' and...

The quality of J. Robinson's short book, On Re-reading Marx, is so poor that it calls into question her capability to do research independent from the constant help, supervision and aid of Richard Kahn. The three essays, in fact, demonstrate and reflect her own actual ability to do economic...

An enduring myth accepted by all Orthodox and heterodox economists is that it was Richard Kahn who discovered and originated the concept of the multiplier. Kahn then supposedly showed Keynes how the multiplier concept could be specified mathematically so as to provide hard support for Keynes's...