Suchergebnisse

ESSAY IS WRITTEN IN OPPOSITION TO AN ARTICLE BY SEYMOUR MELMAN ON PRODUCTIVITY AND A WARECONOMY. THIS ACCOUNT OF A WAR ECONOMY POSITS THAT MELMANS REASONING IS FAULTY & BASED ON POPULAR MYTHS AND NOT SOUND ECONOMIC REASONING.

IN THE CONSTITUTIONAL DEBATE THAT HAS BEEN ENCOURAGED BY PUBLIC CHOICE THEORY, THERE HAS BEEN REPEATED REFERENCES TO KNUT WICKSELL. THE PURPOSE OF THIS ARTICLE IS TO PLACE THE CONTRIBUTION OF WICKSELL ON JUST TAXATION IN A HISTORICAL CONTEXT. AT THE SAME TIME IT IS POINTED AT OTHER CONTRIBUTIONS TO THE SCANDINAVIAN DEBATE, IN PARTICULAR IT IS INTRODUCED THE CONTRIBUTION OF THE NORWEGIAN ECONOMIST, EINAR EINARSON, THAT WAS WRITTEN PRIOR TO WICKSELL'S CELEBRATED TREATISE. SOME RECENT RESEARCH INTO THE HISTORICAL EXPERIENCE, REFERRED TO BOTH BY EINARSON AND WICKSELL, OF POLITICAL DECISION MAKING BY CONSENT IS ALSO PRESENTED. FIRSTLY AN OVERVIEW OF THE DEBATE IS PRESENTED, THEN THE CONTRIBUTION OF EINARSON AND WICKSELL IS COMPARED, AND FINALLY THE IMPLICATIONS OF THIS SCANDINAVIAN CONTROVERSY ABOUT JUST TAXATION ON PUBLIC CHOICE THEORY IS DISCUSSED. IT IS ASKED WHETHER SOME RECENT INTERPRETATIONS OF THE CONSTITUTIONAL CONTENT OF WICKSELL AND THE SCANDINAVIAN CONTROVERSY ABOUT JUST TAXATION, ARE CORRECT.

Africans captured from slavers, bound for Cuba, were settled in the Bahamas. Examines the initial response of the host society to these involuntary immigrants. Also discusses the evolution and operation of a system of long-term labour contracts for the recaptives which predated the more familiar one of the post-emancipation years. (Abstract amended)

The dissertation argues for a distinction between two varieties of price deflation, one offset by declining costs, the other induced by declining profits. Where the second type of deflation occurs, the usual result is contraction of output, income, and employment. We can roughly measure the relative amounts of cost and profit deflation underway in different situations. Price declines usually aggravate profit downturns, and in some cases directly cause them. An international profit deflation that (except for its milder consequences) anticipated that of 1929 to 1932 occurred during 1891 to 1896.