The Quarterly Review, Volume 264, Issue 523John Murray, 1935 |
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Page 159
... financial crisis in 1931 and the subsequent changes in financial policy . The most important lesson that can be learnt from those events is that State expendi- ture is for the most part inelastic ; it does not adapt itself naturally to ...
... financial crisis in 1931 and the subsequent changes in financial policy . The most important lesson that can be learnt from those events is that State expendi- ture is for the most part inelastic ; it does not adapt itself naturally to ...
Page 162
... Finance and Industry † pronounced against a reduction in the general purchasing power and especially against a reduction in wages , and the recent campaign in favour of retrenchment has led a number of well- known economists to raise ...
... Finance and Industry † pronounced against a reduction in the general purchasing power and especially against a reduction in wages , and the recent campaign in favour of retrenchment has led a number of well- known economists to raise ...
Page 163
... finance that all expenditure by the central Government on capital im- provements and on subsidies should be paid out of current revenue . It might , however , be advisable in the future to allow a certain amount of expenditure on ...
... finance that all expenditure by the central Government on capital im- provements and on subsidies should be paid out of current revenue . It might , however , be advisable in the future to allow a certain amount of expenditure on ...
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abortion Arabic artists Authorities become Catalonia cause cent century Christ Christmas Church Colin Clark conception Crucifixion deaf Deafened doctrine doubt economic effect England English Esperanto fact favour finance French German Government Greek holly human increase Indalecio Prieto India industrial interest investment Isaac Newton J. M. Keynes Japan Japanese labour Latin legislation less lip-reading Lloyd George loans Lord Madame Curie Mahmud Kashgari matter means ment methods millions modern national income natural never Newton organisation painted Penal Substitution perhaps person Pierre Curie political possible present Professor rabbits radio-active radium realised reason recently reduced reform regard religious representation result Seņor social Socialists Spain speech spirit suffering theory things tion to-day tongue trade trapper trapping true Turkish Turkish language women words writing