The Quarterly Journal of Economics, Volumer 1-25

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Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe
Harvard University, 1911
Edited at Harvard University's Department of Economics, this journal covers all aspects of the field -- from the journal's traditional emphasis on microtheory, to both empirical and theoretical macroeconomics.
 

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Side 529 - What the company is entitled to ask is a fair return upon the value of that which it employs for the public convenience. On the other hand, what the public is entitled to demand is that no more be exacted from it for the use of a public highway than the services rendered by it are reasonably worth.
Side 50 - ... would be best for the railroads, because it would build up a large business, and it would not be unjust to property owners, who would thus be made to pay in some proportion to benefit received. Such a system of rate-making would in principle approximate taxation ; the value of the article carried being the most important element in determining what shall be paid upon it.
Side 440 - How is the balance kept in the provinces of every kingdom among themselves but by the force of this principle, which makes it impossible for money to lose its level, and either to rise or sink beyond the proportion of the labour and commodities which are in each province?
Side 10 - It was, therefore, seen not to be unjust to apportion the whole cost of service among all the articles transported upon a basis that should consider the relative value of the service more than the relative cost of carriage. Such method of apportionment would be best for the country...
Side 564 - In the past the man has been first; in the future the system must be first. This in no sense, however, implies that great men are not needed. On the contrary, the first object of any good system must be that of developing first-class men; and under systematic management the best man rises to the top more certainly and more rapidly than ever before.
Side 543 - A LARGE DAILY TASK. — Each man in the establishment, high or low, should daily have a clearly defined task laid out before him. This task should not in the least degree be vague nor indefinite, but should be circumscribed carefully and completely, and should not be easy to accomplish.
Side 462 - And your committee do, in express terms, declare their clear opinion, that it is incumbent on the directors of the Bank of Ireland, and their indispensable duty, to limit their paper at all times of an unfavourable exchange during the continuance of the restriction, exactly on the same principle as they would and must have done, in case the restriction did not exist, and that all the evils of a high and fluctuating exchange must be imputable to them if they fail to do so.
Side 500 - ... antitrust act" is for determination only by the courts, it is the province and duty of this Commission, when the reasonableness of rates is in issue before it, to consider whether the advanced rates resulted from untrammeled competition or were fixed by concert of action or combination of carriers.
Side 439 - What is the proportion which the circulating money of any country bears to the whole value of the annual produce circulated by means of it, it is perhaps impossible to determine.
Side 289 - was quoted to show that competition to be relied upon must " be not artificial or merely conjectured but material and substantial." As to the justice of the carriers' claim that distance might be utterly disregarded whenever it was shown that competition existed, the Commission quoted with approval one of its early decisions in which its chairman, Judge Cooley, had said that " while the act does not require all rates to be proportional [to distance] it nevertheless makes the element of proportion...

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