I THE QUARTERLY JOURNAL OF ECONOMICS VOLUME XXIX CAMBRIDGE, MASS., U.S.A. 1915 Reprinted with permission of the publishers by 1 РАав ADRIANCE, W. M. Specific Productivity ANDERSON, B. M., Jr. The Concept of Value Further Considered 674 BAUER, J. Depreciation and Rate Control: A Question of Justice. BENDIX, L. Germany's Financial Mobilization 724 Boggs, T. H. Capital Investments and Trade Balances within J. M. Hobson's Work and Wealth. Review The Concept of Value 633 709 419 COPELAND, M. T. Statistical Indices of Business Conditions 522 DAVIS, J. S. Depreciation and Rate Control: Day, C. The Economic Synthesis. Review DICKINSON, Z. C. State Guaranty of Bank Deposits in Nebraska. DURAND, E. D. The Trust Legislation of 1914 ENGLAND, M. T. Promotion as the Cause of Crises . 748 FISHER, W. C. Marconcini's L'Industria Domestica Salariata. HAIG, R. M. The Effects of increment Taxes upon Building 829 HAMMOND, M. B. Wages Boards in Australia: II. Boards Outside Victoria 326 339 IV. Social and Economic Results of Wages Boards HARING, C. H. American Gold and Silver Production in the First Appendix: Monetary Values in Spanish America 475 HEILMAN, R. E. Two Rate Decisions of Importance. Note 840 KEYNES, J. M. The City of London and the Bank of England, LIEFMANN, R. Monopoly or Competition as the Basis of a Gov- LOCKHART, O. C. Recent Developments in Taxation in Ohio 480 LORIA, A. The Economic Synthesis: A Reply. Note MITCHELL, W.C. Human Behavior and Economics: A Survey of PERSONS, C. E. Women's Work and Wages in the United States 201 SPRAGUE, O. M. W. The War and the Financial Situation in the SWAYZE, F. J. Ely's Property and Contract. Review TAUSSIG, F. W. Lincoln and the Tariff: A Sequel. Note Two Biographies of Inventors: Dickinson's Life of Fulton and Morse's Letters of Morse. Review THOMPSON, C. B. Scientific Management in Practice 262 The Tobacco Industry since the Dissolution of 848 TUCKER, R. S. The British Taxes on Land Values in Practice 794 WRIGHT, P. G. The Contest in Congress between Organized Moore's Economic Cycles. Review 631 378 395 SUBJECTS PAGE American Gold and Silver Production in the First Half of the Six- 433 475 Bank of England, August, 1914, The City of London and the. By British Taxes on Land Values in Practice, The. By R. S. Tucker 794 768 419 Depreciation and Rate Control: A Question of Justice. Note. Depreciation and Rate Control. By J. S. Davis. A Rejoinder 388 Depreciation and Rate Control. By A. A. Young. Dickinson's Life of Fulton. Review. By F. W. Taussig 642 Economic Synthesis, The. Review. By C. Day Economic Synthesis, The: A Reply. Note. By A. Loria Ely's Property and Contract. Review. By F. J. Swayze Germany's Financial Mobilization. By L. Bendix Hobson's Work and Wealth. Review. By J. M. Clark Human Behavior and Economics: A Survey of Recent Literature. Increment Taxes, Effects of, upon Building Operations. Note. 829 Lincoln and the Tariff: A Sequel Marconcini's L'Industria Domestica Salariata. Review. By 410 308 631 642 235 748 262 Specific Productivity. By W. M. Adriance State Guaranty of Bank Deposits in Nebraska. Note. By 2. C. Taxation in Ohio, Recent Developments in. By 0. C. Lockhart 480 Tobacco Industry since the Dissolution of the Trust. Note. By Trust Legislation of 1914, The By E. D. Durand Value, The Concept of. By J. M. Clark Value, The Concept of, Further Considered. By B. M. Ander- Value, The Concept of: A Rejoinder. By J. M. Clark Wages Boards in Australia. By M. B. Hammond. III. Organization and Procedure 339 563 War, The, and the Financial Situation in the United States. Women's Work and Wages in the United States. By C. E. Per- 201 Bon, Jr.. sons THE QUARTERLY JOURNAL OF ECONOMICS NOVEMBER, 1914 HUMAN BEHAVIOR AND ECONOMICS: A SURVEY OF RECENT LITERATURE SUMMARY Introduction: psychology and economics, 1. - I. Parmelee, Science of Human Behavior, 3. — II. Thorndike, The Original Nature of Man, 6. — III. Wallas, The Great Society, 12. — IV. Veblen, The Instinct of Workmanship, 19. — V. Sombart, Der Bourgeois, 29. – VI. Lippmann, A Preface to Politics, 37. — VII. Walling, Progressivism and After, 41. — VIII. Conclusion, 46. A SLIGHT but significant change seems to be taking place in the attitude of economic theorists toward psychology. Most of the older writers made no overt reference to psychology, but tacitly imputed to the men whose behavior they were analyzing certain traits consistent with common sense and convenient as a basis for theorizing. By recent writers, on the contrary, non-intercourse with psychology, long practised in silence, is explicitly proclaimed to be the proper policy. This definite pronouncement has arisen from a somewhat tardy recognition that hedonism is unsound psychology, and that the economics of both Ricardo and Jevons originally rested on hedonistic preconceptions. Since hedonism is unsound, either we must admit that both the classical and the marginal analysis 1 |
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