The thesis which I humbly submit to criticism is this. If, other things remaining the same, the
leading banks of the world were to lower their rate of interest, say 1 per cent below its
ordinary level, and keep it so for some years, then the prices of all commodities would rise …

Numerous studies have shown that within industries, the propensity to perform R & D and
the amount of R & D conducted by performers are closely related to the size of the firm, while
R & D productivity declines with firm size. These findings have been widely interpreted to …

This paper investigates the relationship between exports and economic growth in a group of
eleven developing countries that have already established an industrial base. Separate
consideration is given to manufactured and to total exports; in the case of the latter …

… 27-48. Google Scholar. Becker, 1965 Gary BeckerA theory of the allocation of time. Economic
Journal, Vol. 65 (1965), pp … 230-237. Google Scholar. North, 1984 Douglass NorthGovernment
and the cost of exchange in history. Journal of Economic History, Vol. 44 (1984), pp …

Psychologists and sociologists usually interpret happiness scores as cardinal and
comparable across respondents, and thus run OLS regressions on happiness and changes
in happiness. Economists usually assume only ordinality and have mainly used ordered …

I HAVE read with the greatest interest the article by Mr. Hugh Dalton (" The Measurement of
the Inequality of Incomes") which appeared in the September number of this JOURNAL, and
I admire the simplicity and ease of the method which he suggests for measuring the …

IN 1798 TR Malthus published his influential Essay on Population, in which he argued that,
when unchecked, population tends to increase faster than the food supply. 3 He argued that
if the eventual checks on population were the" positive" restraints of misery, pestilence, and …

Do you think your children's lives will be better than your own? Probably not; nobody does
these days… In all countries there is doom and gloom, a universal sense of decay. Norman
Stone, historian. What we call happiness in the strictest sense of the word comes from the …

MY subject may appear alarmingly formidable, but I did not intend it to be so. The words
economic progress, taken by themselves, would suggest the pursuit of some philosophy of
history, of some way of appraising the results of past and possible future changes in forms of …

The extent of multinational activity and the share of world trade accounted for by
multinational enterprises has risen steadily over the past two decades. This has led to
renewed interest within Europe in the impact of multinational enterprises on employment …