Hostname: page-component-cd9895bd7-mkpzs Total loading time: 0 Render date: 2024-12-28T20:33:24.220Z Has data issue: false hasContentIssue false
  • English
  • Français

A Further Comment on Wage-Price Policy

Published online by Cambridge University Press:  07 November 2014

M. W. Reder
M. W. Reder*
Affiliation:
The University of Pennsylvania
Get access

Abstract

An abstract is not available for this content so a preview has been provided. Please use the Get access link above for information on how to access this content.
Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Notes and Memoranda
Information
Canadian Journal of Economics and Political Science/Revue canadienne de economiques et science politique , Volume 15 , Issue 2 , May 1949 , pp. 206 - 210
Copyright
Copyright © Canadian Political Science Association 1949

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

1 Higgins speaks of the marginal propensity to “spend,” but from the context I would suppose he means “consume.”

2 For one set of inferences a given set of assumptions may be “harmless”; but these assumptions may be inadmissible relative to another set of inferences. Models “good” for all conceivable inferences are either logically impossible of construction or utterly useless.

3 This would suggest that I have a solution in mind. I do tentatively and hope to publish it in the near future. However, it is not an easy remedy, and it is by no means fool-proof.