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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
Boggs, T. H. Capital Investments and Trade Balances within
J. M. Hobson's Work and Wealth. Review
The Concept of Value
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 .
FISHER, W. C. Marconcini's L'Industria Domestica Salariata.
HAIG, R. M. The Effects of increment Taxes upon Building
HAMMOND, M. B. Wages Boards in Australia:
II. Boards Outside Victoria
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
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
The Tobacco Industry since the Dissolution of
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
American Gold and Silver Production in the First Half of the Six-
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
Depreciation and Rate Control: A Question of Justice. Note.
Depreciation and Rate Control. By J. S. Davis.
Depreciation and Rate Control. By A. A. Young.
Dickinson's Life of Fulton. Review. By F. W. Taussig
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.
Lincoln and the Tariff: A Sequel
Marconcini's L'Industria Domestica Salariata. Review. By
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
War, The, and the Financial Situation in the United States.
Women's Work and Wages in the United States. By C. E. Per-
HUMAN BEHAVIOR AND ECONOMICS: A
SURVEY OF RECENT LITERATURE
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