Weekly Letters - Harvard Economic Society PDF Download
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Author: Harvard Economic Society
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 370
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Book Description
Author: Harvard Economic Society
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 370
Get Book Here
Book Description
Author: Harvard Economic Society
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 426
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Author: Harvard Economic Society
Publisher: Rarebooksclub.com
ISBN: 9781230073606
Category :
Languages : en
Pages : 136
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Book Description
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1922 edition. Excerpt: ...--Wholesale Prices Of Fifty-two Commodities For The Month Of June 1922 In speaking of normal adjustment among prices we have in mind an approach to the relationship which prevailed during the year 1913. We do not assume that the 1913 relationships will ever be restored precisely. It is quite probable that during the past several years changes in market conditions may have occurred which have permanently altered the price level of various commodities. Nevertheless it remains true that the 1913 situation is the most satisfactory standard of comparison. Comparison between the price adjustments of today and those of 1913 is made by consideration of the percentage changes which have taken place in the prices of various commodities since that year. The percentage which the present price forms of the 1913 price is calculated, and these percentages, commonly called "relative" prices, are compared. Divergence from the 1913 relationship is shown when such relative prices are at different levels--that is to say, when different commodities have changed from their respective 1913 prices by different percentages. This method of comparison may be illustrated by the following actual cases: In 1913 sheep sold for $5.76 per 100 pounds, steel billets for $26.20 per ton, and cotton for 12.9 cents per pound. In June 1922 the prices of these 3 commodities were as follows: sheep $7.75, steel billets $35, and cotton 22.2 cents. Expressing the price of each commodity in June 1922 as a percentage of its price in 1913 we secure the following relative prices: sheep 134, steel billets 134, cotton Table A.--Relative Prices Of Fifty-one Commodities By Groups, June 191Q-22 172. The price relationship prevailing between sheep and steel billets was therefore the...
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 356
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Author:
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 352
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Author: Harvard Economic Society
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 62
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Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 380
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Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 238
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The purpose of the Review is to promote the collection, criticism, and interpretation of economic statistics, with a view to making them more accurate and valuable than they are at present for business and scientific purposes.
Author: Walter A Friedman
Publisher: Princeton University Press
ISBN: 1400849861
Category : Business & Economics
Languages : en
Pages : 289
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Book Description
A gripping history of the pioneers who sought to use science to predict financial markets The period leading up to the Great Depression witnessed the rise of the economic forecasters, pioneers who sought to use the tools of science to predict the future, with the aim of profiting from their forecasts. This book chronicles the lives and careers of the men who defined this first wave of economic fortune tellers, men such as Roger Babson, Irving Fisher, John Moody, C. J. Bullock, and Warren Persons. They competed to sell their distinctive methods of prediction to investors and businesses, and thrived in the boom years that followed World War I. Yet, almost to a man, they failed to predict the devastating crash of 1929. Walter Friedman paints vivid portraits of entrepreneurs who shared a belief that the rational world of numbers and reason could tame--or at least foresee--the irrational gyrations of the market. Despite their failures, this first generation of economic forecasters helped to make the prediction of economic trends a central economic activity, and shed light on the mechanics of financial markets by providing a range of statistics and information about individual firms. They also raised questions that are still relevant today. What is science and what is merely guesswork in forecasting? What motivates people to buy forecasts? Does the act of forecasting set in motion unforeseen events that can counteract the forecast made? Masterful and compelling, Fortune Tellers highlights the risk and uncertainty that are inherent to capitalism itself.
Author: Library of Congress. Copyright Office
Publisher:
ISBN:
Category : American drama
Languages : en
Pages : 1798
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Book Description
