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2.Conant, James B., On Understanding Science, New American Library, New York, 1951, p. 20.
3. Knight, Frank H., Intelligence and Democratc Action, Harvard University Press, 1960, pp. 11-12.
4.Samuelso, Paul A., Economics, 11th Edition, McGraw-Hill Book Co., New York, 1980, p. 16.
5.Heilbroner and Thurow, op. cit., p. 638.
6.Knight, Frank H., Science and Man, Ruth N. Anshen, Editor, Harcourt, Brace & Co., New York, 1942, p. 328.
7.Marshall, Alfred, Principles of Economics, 8th Edition, The Macmillan Co., New York, 1920, p. 14.
8.Ibid., p. 32.
9.Heilbroner and Thurow, op. cit., p. 84.
10.Viner, Jacob, Economics and Public Policy, The Brookings Institution, Washington, D. C., 1955, p. 105.
11.Wilcox, Clair, American Economic Review, May 1960.
12.Samuelson and Nordhaus, Economics, 12th Edition, McGraw-Hill Book Co., New York, 1985, p. 763.
13.Samuelson, Paul A., U.S. News and World Report, Jan. 16, 1961.
14.Galbraith, J. K., American Capitalism, Houghton Mifflin Co., Boston, 1952, p. 1.
15.Robinson, Joan, Economics: An Awkward Corner, Pantheon Books, New York 1967, p. 3.
16.Schumpeter, Joseph A., History of Economic Analysis, Oxford University Press, New York, 1954, p. 6.
17.du Nouy, P. L., The Road to Reason, Longmans, Green & Co., New York 1949, p. 20.
18.Roosevelt, Franklin D., On Our Way, The John Day Co., New York, 1934, p. 154.
19.Von Mises, Ludwig, Epistemological Problems of Economics, D. Van Nostrand Co., Princeton, N. J., 1960, p. 29.
20.Keynes, John M., The General Theory of Employment, Interest and Money, Harcourt, Brace & World, New York, 1964, p. 350.
21.Hague, Douglas C, Price Formation in Various Economies, St. Martn’s Press, New York, 1967, p. 6.
22.Nagel, Ernest, The Structure of Science, Harcourt, Brace & World, New York, 1961, p. 448.
23.Business Week, Jan. 5, 1963.
24.Knight, Frank H., Intelligence and Democratic Action, op. cit., p. 69.
25.Tobin, J., American Economic Review, May 1961.
26.Hansen, Alvin H., The American Economy, McGraw-Hill Book Co., New York, 1957, p. 132.
27.Heilbroner and Thurow, op. cit., P. 540.
28.Harbison, F. N., Foreword to The Wage-Price Issue, by William G. Bowen, Princeton University Press, 1960.
29.Galbraith, J. K., The New Industrial State, Houghton Mifflin Co., Boston, 1967, p. 72.
30.Samuelson and Nordhaus, op. cit., p. 174.
31.Black, Max, Critical Thinking, Prentice-Hall, Englewood Cliffs, N. J., 1952, p. 355.
32.Clark, John M., Economic Institutions and Human Welfare, Alfred A. Knopf, New York, 1957, p. 17.
33.Von Mises, Ludwig, op. cit., p. 38.
34.Smithies, Arthur, Economics and Public Policy, The Brookings Institution, Washington, D. C., 1955, p. 2.
35.Knight, Frank H., Intelligence and Democratic Action, op. cit., p. 76.
36.Samuelson, Paul A., Economics, 5th Edition, McGraw-Hill Book Co., New York, 1961, p. 294.
37.Knight, Frank H, Risk, Uncertainty and Profit, Houghton, Mifflin Co., Boston, 1921, p. xxiii.
38.Wicksell, Knut,Value, Capital and Rent, George Allen & Unwin, London, 1954, p. 33.
39.Fraser, L. M., Economic Thought and Language, A & C Black, London, 1937, p. vii.
40.Ibid., p. 56.
41.Newcomb, Simon, Principles of Political Economy, Harper & Bros., New York, 1886, p. 32.
42.Schumpeter, Joseph A., The Theory of Economic Development, Harvard University Press, 1959, p. 24.
43.Blaug, Mark, Economic Theory in Retrospect, Richard D. Irwin, Homewood, Ill., 1962, p. 331.
44.Samuelson, Paul A., Economics, 5th Edition, op. cit., p. 62.
45.Keynes, John M., op. cit., p. 167.
46.Fraser, L. M., op. cit., p. 233.
47.Ibid., p. 232.
48.Ibid., p. 223.
49.Reynolds, Lloyd G., Economics, Revised Edition, Richard D. Irwin, Homewood, Ill., 1966, p. 21.
50.Snyder, Carl, Capitalism the Creator, The Macmillan Co., New York, 1940, p. 428.
51.Schumpeter, Joseph A., The Theory of Economic Development, op, cit., p. 176.
52.Ibid., p. 158.
53.Knight, Frank H., Intelligence and Democratic Action, op. cit., p. 81.
54.Schumpeter, Joseph A., The Theory of Economic Development, op. cit., p. 206.
55.Fraser, L. M., op. cit., p. 331.
56.Schumpeter, Joseph A., The Theory of Economic Development, op. cit., p. 31.
57.Fraser, L. M., op. cit., p. 213.
58.Reynolds, Lloyd G., Economics, Revised Edition, op. cit., p. 303.
59.Kuznets, Simon, Economic Change, W. W. Norton & Co, New York, 1953, p. 32.
60.Blaug, Mark, op. cit., p. 212.
61.Knight, Frank H., The Ethics of Competition, George Allen & Unwin, London, 1935, p. 167.
62.Ibid., p. 141.
63.Samuelson and Nordhaus, op. cit., p. 676.
64.Hazlitt, Henry, The Failure of the “New Economics,” D. van Nostrand Co., Princeton, N. J., 1959, p. 297.
65.Schumpeter, Joseph A., History of Economic Analysis, op. cit., p. 1109.
66.Clark, John M., op. cit., p. 152.
67.Hicks, J. R., The Theory of Wages, Peter Smith, Gloucester, Mass., 1957. p. 179.
68.Galbraith, J. K., The Affluent Society, Houghton Mifflin Co., Boston, 1958, p. 219.
69.Ibid., p. 250.
70.Ibid., p. 293.
71.Keynes, John M., op. cit., p. 357.
72.Fisher, Irving, Stamp Scrip, Adelphi Co., New York, 1933.
73.Robinson, Joan, Introduction to the Theory of Employment, Mzcmillan & Co., London, 1938, p. 91.
74.Beveridge, William H., Full Employment in a Free Society, W. W. Norton & Co., New York, 1945, p. 147.
75.Keynes, John M., op. cit., p. 129.
76.Business Week, Dec. 14, 1963.
77.Schumpeter, Joseph A., The Theory of Economic Development, op. cit., p. 73.
78.Galbraith, J. K., The Affluent Society, op. cit., p. 300.
79.Bronfenbrenner and Holzman, American Economic Review, Sept. 1963.
80.Lerner, A. P., American Economic Review, Mar. 1960.
81.Hansen, Alvin H., op. cit., p. 44.
82.Shackle, G. L. S., Economic Journal, June 1961.
83.Keynes, John M., op. cit., p. 26.
84.Blaug, Mark., op. cit., p. 146.
85.Hazlitt, Henry, op. cit., p. 35.
86.Galbraith, J. K., Economics in Perspective, Houghton Mifflin Co., Boston, 1987, p. 193.
87.Galbraith, J. K., The Affluent Society, op. cit., p. 213.
88.Röpke, Wilhelm, A Humane Economy, Henry Regnery Co., Chicago, 1960, p. 196.
89.Samuelson and Nordhaus, op,.cit., p. 241.
90.Ibid., p. 258.
91.Heilbroner and Thurow, op. cit., p. 519.
92.Ibid., p. 508.
93.Bowen, William G., The Wage-Price Issue, Princeton University Press, 1960, p. 412.
94.Moulton, H. G., Can Inflation be Controlled?, Anderson Kramer Associates, Washington, D. C., 1958, Chapter IV.
95.Mitchell, Wesley C., Business Cycles and Their Causes, University of California Press, 1959, p. 54.
96.Keynes, John M., op. cit., p. 14.
97.Samuelson, Paul A., Economics, 5th Edition, op. cit., p. 209.
98.Reynolds, Lloyd G., Economics, Revised Edition, op. cit., p. 472.
99.Hayek, Friedrich A., Monetary Theory and the Trade Cycle, Harcourt, Brace & Co., New York, 1932, p. 23.
100.King, W. I., The Causes of Economic Fluctuations, The Ronald Press, New York, 1938, p. 22.
101.Harwood, E. C., Cause and Control of the Business Cycle, 5th Edition, American Institute for Economic Research, Great Barrington, Mass., 1957, p. 8.
102.Mitchell, Wesley C., op. cit., p. x.
103.Loucks, William N., Comparative Economic Systems, 6th Edition, Harper & Bros., New York, 1961, p. 66.
104.Heilbroner and Thurow, op. cit., p. 311.
105.Burns, Neal and Watson, Modern Economics, 2nd Edition, Harcourt, Brace & Co., New York, 1953, p. 151.
106.Heilbroner and Thurow, op. cit., p. 312.
107.Swan, T. W., Economic Record, Dec. 1950.
108.Friedman, Milton, W. C. Mitchell, The Economic Scientist, A. F. Burns, Editor, National Bureau of Economic Research, New York, 1952, p. 273.
109.Burns, Arthur F., Prosperity Without Inflation, Fordham University Press, 1957, p. 17.
110.Loucks, William N., op. cit., p. 700.
111.Meade, J. E., The Control of Inflation, Cambridge University Press, 1958, p. 44.
112.Hansen, Alvin H., A Guide to Keynes, McGraw-Hill Book Co., New York, 1953, p. 213.
113.Matthews, R. C. O., The Business Cycle, University of Chicago Press, 1959, p. 3.
114.Hansen, Alvin H., Full Recovery or Stagnation, W. W. Norton & Co., New York, 1938, p. 145.
115.Schumpeter, Joseph A., The Theory of Economic Development, op. cit., p. 215.
116.Galbraith, J. K., The Affluent Society, op. cit., p. 215.
117.Galbraith, J. K., American Capitalism, op. cit., p. 24.
118.Dillard, Dudley, American Economic Review, May 1957.
119.Reynolds, Lloyd G., Economics, 3rd Edition. Richard D. Irwin, Homewood, Ill., 1969, p. 189.
120.Moulton, H. G., The Formation of Capital, The Brookings Institution, Washington, D. C., 1935, p. 151.
121.Moulton, H. G., Can Inflation be Controlled?, op. cit., p. 145.
122.Mitchell, Wesley C., op. cit., p. 26.
123.The Federal Reserve System: Purposes and Functions, 4th Edition, Board Of Governors of the Federal Reserve System, Washington, D. C., 1961, pp. 16 ff.
124.Reynolds, Lloyd G., Economics, 3rd Edition, op. cit., p. 172.
125.Keynes, John M., op. cit., p. 305.
126.Samuelson and Nordhaus, op. cit., p. 324.
127.Federal Reseerve System, op. cit., p. 129.
128.Bernard, L. L., War and its Causes, Henry Holt & Co., New York, 1944, p. 325.
129.Churchill, Winston, The Gathering Storm, Houghton Mifflin Co., Boston, 1948, p. 7.
130.Samuelson and Nordhaus, op. cit., p. 234.
131.Galbraith, J. K., Economics in Perspective, op. cit., p. 297.
132.Keynes, John M., op. cit., p. 382.
133.Hicks, J. R., Economic Journal, Sept. 1955.
134.American Banking Association, Banking, Aug. 1963.
135.Harris, Seymour, Postwar Economic Problems, McGraw-Hill Book Co., New York, 1943, p. 32.
136.Heilbroner and Thurow, op. cit., p. 305.
137.Samuelson and Nordhaus, op. cit., p. 230.
138.U. S. Dept. of Commerce, Survey of Current Business, Aug. 1944, p. 6.
139.Johnson, Lyndon B., Economic Report of the President, 1968.
140.National Association of Manufacturers, Postwar Conditions and Trends, (pamphlet) 1943.
141.Hansen, Alvin H., The American Economy, op. cit., p. 33.
142.Chase, Stuart, Money to Grow On, Harper & Row, New York, 1964, p. 23.
143.U. S. Dept. of Commerce, Survey of Current Business, Jan. 1944, p. 20.
144.Moulton, H. G., Can Inflation be Controlled?, op. cit., p. 110.
145.Clark, John M., Goals of Economic Life, A. D. Ward, Editor, Harper & Bros., New York, 1953, p. 44.
146.Knight, Frank H., Economics and Public Policy, The Brookings Institution, Washington, D. C., 1955, p. 60.
147.Samuelson, Paul A., Economics, 5th Edition, op. cit., p. 425.
148.Ibid., p. 427.
149.Samuelson and Nordhaus, op. cit., p. 394.
150.U. S. Dept. of Commerce, Survey of Current Business, Nov. 1945.
151.Hicks, J. R., The Theory of Wages, op. cit., p. 1.
152.Yoder, Dale, Manpower Economics and Labor Problems, 3rd Edition, McGraw-Hill Book Co., New York, 1950, p. 176.
153.Samuelson and Nordhaus, op. cit., p. 663.
154.Robinson, Claude, Understanding Profits, D. Van Nostrand Co., Princeton, N. J., 1961, p. 298.
155.Samuelson and Nordhaus, op. cit., p. 481.
156.Ibid., p. 795.
157.Ibid., p. 645.
158.Yoder, Dale, op. cit., p. 154.
159.U. S. News and World Report, Mar. 5, 1962.
160.Burns, Arthur F., ibid.
161. Lester, Richard A., Economics of Labor, The Macmillan Co., New York, 1946, p. 171.
162.Fogarty, M. The Just Wage, Geoffrey Chapman, London, 1961.
163.Jacques, Elliott, Equitable Payment, John Wiley & Sons, New York, 1961.
164.Meany, George, The Future of Capitalism (symposium), The Macmillan Co., New York, 1967.
165.Röpke, Wilhelm, op. cit., p. 207.
166.Yoder, Dale A., op. cit., p. 153.
167.Ibid., p. 151.
168.Stein and Denison, Goals for Americans, Prentice-Hall, Englewood Cliffs, N. J., 1960, p. 10.
169.Samuelson and Nordhaus, op. cit., p. 219.
170.Heilbroner and Thurow, op. cit., p. 15.
171.Bye and Hewett, Applied Economics, 3rd Edition, Revised, F. S. Crofts & Co. New York, 1946, p. 39.
172.Ibid., p. 26.
173.Burns, Arthur F., The Frontiers of Economic Knowledge, Princeton University Press, 1954, p. 48.
174.Viner, Jacob, The Long View and the Short, The Free Press, Glencoe, Ill., 1958, p. 103.
175.Keynes, John M., op. cit., p. vi.
176.Wolfe, A. B., W. C. Mitchell, The Economic Scientist, A. F. Burns, Editor, op. cit., p. 210.
177.Ibid., p. 214.
178.King, W. I., op. cit., p. 314.
179.Samuelson and Nordhaus, op. cit., p. 645.
180.Moulton, H. G., Income and Economic Progress, The Brookings Institution, Washington, D. C., 1935.
181.Keynes, John M., op. cit., p. 121.
182.Myrdal, Gunnar, Challenge to Affluence, Pantheon Books, New York, 1963, p. 72.
183.Matthews, R. C, O., op. cit., p. 6.
184.Stein and Denison, op. cit., p. 166.
185.Roosevelt, Franklin D., op. cit., p. 183.
186.Kent, Raymond P., Money and Banking, Revised Edition, Rinehart & Co., New York, 1951, p. 473.
187.Knight, Frank H., Goals of Economic Life, Ward, Editor, op. cit., p. 225.
188.Thorp and Quandt, The New Inflation, McGraw-Hill Book Co., New York, 1959, p. 168.
189.The Federal Reserve System, op. cit., p. 55.
190.King, W. I., op. cit., p. 286.
191.The Federal Reserve System, op. cit., p. 152.
192.Ibid., p. 123.
193.Ibid., pp. 52-53.
194.Ibid., p. 54.
195.Reynolds, Lloyd G., Economics, 3rd Edition, op cit., p. 266.
196.Fisher, Irving, The Money Illusion, Adelphi Co., New York, 1928.
197.Graham, Benjamin, Storage and Stability, McGraw-Hill Book Co., New York, 1937.
198.Smithies, Arthur, A Survey of Contemporary Economics, Howard S. Ellis, Editor, Richard D. Irwin, Homewood, Ill., 1948, p. 176.
199.Ibid, p. 175.
200.Thorp and Quandt, op. cit., p. 171.
201.Burns, Arthur F., Prosperity Without Inflation, op, cit., p. 70.
202.Galbraith, J. K., The Affluent Society, op. cit., p. 118.
203.Smithies, Arthur, A Survey of Contemporary Economics, Ellis, Editor, op. cit., p. 208.
204.Burns and Watson, Government Spending and Economic Expansion, American Council on Public Affairs, Washington, D. C., 1940, Chapter XII.
205.Ibid, p. 171
206.Viner, Jacob, The Long View and the Short, op. cit., p. 115.
207.Meade, J. E., op. cit., p. 32.
208.Hansen, Alvin H., Fiscal Policy and Business Cycles, W. W. Norton & Co., New York, 1941, p. 295.
209.Burgess, W. Randolph, The Reserve Banks and the Money Market, Harper & Bros., New York, 1936, p. 250.
210.Heilbroner and Thurow, op. cit.,
211.Browder, Earl, Marx and America, Duell, Sloan and Pearce, New York, 1958, p. 22.
212.Ibid., pp. 55-56.
213.Samuelson and Nordhaus, op. cit., p. 944.
214.Duesenberry, James S., Money and Credit: Impact and Control, 2nd Edition, Prentice-Hall, Englewood Cliffs, N. J., 1967, p. 102.