Readings in the Theory of Income Distribution by Committee of the American EconomicAssociationReview by: B. S. KeirsteadThe Canadian Journal of Economics and Political Science / Revue canadienne d'Economique etde Science politique, Vol. 13, No. 2 (May, 1947), p. 322Published by: Wiley on behalf of Canadian Economics AssociationStable URL: http://www.jstor.org/stable/137474 .

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The Canadian Journal of Economtics and Political Science The Canadian Journal of Economtics and Political Science The Canadian Journal of Economtics and Political Science

pal Doctor System in the Prairie Provinces which is only slightly touched on in the book. It is, on the other hand, gratifying to note that among the health

programmes reported by Miss Emory the work in rural Manitoba and rural

Cape Breton is described along with the organization of such urban centres as Montreal, Toronto, Vancouver, and St. Catharines. [L. RICHTER]

Readings in the Theory of Income Distribution, selected by a Committee of the American Economic Association (Philadelphia, Blakiston Company, 1946,

pp. xvi, 718, $3.50). This book is the third in the Blakiston series of re-

published articles on economics. In this volume the selected articles deal with distribution theory. They are grouped so as to include papers on the basic

concepts of income and distribution, on the theory of. production underlying

marginal productivity theory, and on the four separate categories of wages, in-

terest, profit, and rent. I should judge that the committee of selection had

formulated a general scheme of production and distribution theory. They look

forward from the generally accepted distribution theory to new developments, and their selections indicate a desire to relate the work done in the traditional

marginal productivity theory to the problems of a "macro-economic" theory of

distribution. Since, in the latter field, no systematic theory yet exists, the papers of this type here selected are primarily statistical. In any event such a synthesis could not well be made in a volume of this sort. Nevertheless it is desirable to

.put both approaches before the advanced student, and this book will be valuable

to students and teachers at senior honours level and even at graduate level. All

of us will have minor quarrels on particular points of selection. I should like

to have seen rather more on the theory of rent, perhaps the Hollond-Ogilvie

controversy might have been reproduced. There is nothing of Colin Clark. I

should myself have made a somewhat different selection of material on the pro- duction function and marginal productivity. But such differences in emphasis are bound to occur and are rather minor matters. The book is selected so as to

bring before the student important contributions to the periodic literature, ar-

ranged in a fashion suitable to a systematic study of the field. As in the case

of previous volumes in this series not the least valuable portion of the volume is

the admirable bibliography at the end, which in the present work has been com-

piled by Mr. Frank E. Norton. [B. S. KEIRSTEAD]

Apprenticeship Practice in the United States: As Revealed by an Analysis

of Workable Apprenticeship Programs in American Industry, by EUGENE

DANAHER (Business Research series, no. 3, Stanford University: Graduate

School of Business, 1945, pp. iv, 60, 75c.). This study consists of four parts; a

very brief historical sketch of the development of apprenticeship, a description

of the various agencies in the development and supervision of apprenticeship pro-

grammes in the United States, a statement of typical provisions in apprentice-

ship agreements, and four pages of "conclusions," this last section consisting

of a list of twenty guiding principles for apprenticeship programmes. The entire

pal Doctor System in the Prairie Provinces which is only slightly touched on in the book. It is, on the other hand, gratifying to note that among the health

programmes reported by Miss Emory the work in rural Manitoba and rural

Cape Breton is described along with the organization of such urban centres as Montreal, Toronto, Vancouver, and St. Catharines. [L. RICHTER]

Readings in the Theory of Income Distribution, selected by a Committee of the American Economic Association (Philadelphia, Blakiston Company, 1946,

pp. xvi, 718, $3.50). This book is the third in the Blakiston series of re-

published articles on economics. In this volume the selected articles deal with distribution theory. They are grouped so as to include papers on the basic

concepts of income and distribution, on the theory of. production underlying

marginal productivity theory, and on the four separate categories of wages, in-

terest, profit, and rent. I should judge that the committee of selection had

formulated a general scheme of production and distribution theory. They look

forward from the generally accepted distribution theory to new developments, and their selections indicate a desire to relate the work done in the traditional

marginal productivity theory to the problems of a "macro-economic" theory of

distribution. Since, in the latter field, no systematic theory yet exists, the papers of this type here selected are primarily statistical. In any event such a synthesis could not well be made in a volume of this sort. Nevertheless it is desirable to

.put both approaches before the advanced student, and this book will be valuable

to students and teachers at senior honours level and even at graduate level. All

of us will have minor quarrels on particular points of selection. I should like

to have seen rather more on the theory of rent, perhaps the Hollond-Ogilvie

controversy might have been reproduced. There is nothing of Colin Clark. I

should myself have made a somewhat different selection of material on the pro- duction function and marginal productivity. But such differences in emphasis are bound to occur and are rather minor matters. The book is selected so as to

bring before the student important contributions to the periodic literature, ar-

ranged in a fashion suitable to a systematic study of the field. As in the case

of previous volumes in this series not the least valuable portion of the volume is

the admirable bibliography at the end, which in the present work has been com-

piled by Mr. Frank E. Norton. [B. S. KEIRSTEAD]

Apprenticeship Practice in the United States: As Revealed by an Analysis

of Workable Apprenticeship Programs in American Industry, by EUGENE

DANAHER (Business Research series, no. 3, Stanford University: Graduate

School of Business, 1945, pp. iv, 60, 75c.). This study consists of four parts; a

very brief historical sketch of the development of apprenticeship, a description

of the various agencies in the development and supervision of apprenticeship pro-

grammes in the United States, a statement of typical provisions in apprentice-

ship agreements, and four pages of "conclusions," this last section consisting

of a list of twenty guiding principles for apprenticeship programmes. The entire

pal Doctor System in the Prairie Provinces which is only slightly touched on in the book. It is, on the other hand, gratifying to note that among the health

programmes reported by Miss Emory the work in rural Manitoba and rural

Cape Breton is described along with the organization of such urban centres as Montreal, Toronto, Vancouver, and St. Catharines. [L. RICHTER]

Readings in the Theory of Income Distribution, selected by a Committee of the American Economic Association (Philadelphia, Blakiston Company, 1946,

pp. xvi, 718, $3.50). This book is the third in the Blakiston series of re-

published articles on economics. In this volume the selected articles deal with distribution theory. They are grouped so as to include papers on the basic

concepts of income and distribution, on the theory of. production underlying

marginal productivity theory, and on the four separate categories of wages, in-

terest, profit, and rent. I should judge that the committee of selection had

formulated a general scheme of production and distribution theory. They look

forward from the generally accepted distribution theory to new developments, and their selections indicate a desire to relate the work done in the traditional

marginal productivity theory to the problems of a "macro-economic" theory of

distribution. Since, in the latter field, no systematic theory yet exists, the papers of this type here selected are primarily statistical. In any event such a synthesis could not well be made in a volume of this sort. Nevertheless it is desirable to

.put both approaches before the advanced student, and this book will be valuable

to students and teachers at senior honours level and even at graduate level. All

of us will have minor quarrels on particular points of selection. I should like

to have seen rather more on the theory of rent, perhaps the Hollond-Ogilvie

controversy might have been reproduced. There is nothing of Colin Clark. I

should myself have made a somewhat different selection of material on the pro- duction function and marginal productivity. But such differences in emphasis are bound to occur and are rather minor matters. The book is selected so as to

bring before the student important contributions to the periodic literature, ar-

ranged in a fashion suitable to a systematic study of the field. As in the case

of previous volumes in this series not the least valuable portion of the volume is

the admirable bibliography at the end, which in the present work has been com-

piled by Mr. Frank E. Norton. [B. S. KEIRSTEAD]

Apprenticeship Practice in the United States: As Revealed by an Analysis

of Workable Apprenticeship Programs in American Industry, by EUGENE

DANAHER (Business Research series, no. 3, Stanford University: Graduate

School of Business, 1945, pp. iv, 60, 75c.). This study consists of four parts; a

very brief historical sketch of the development of apprenticeship, a description

of the various agencies in the development and supervision of apprenticeship pro-

grammes in the United States, a statement of typical provisions in apprentice-

ship agreements, and four pages of "conclusions," this last section consisting

of a list of twenty guiding principles for apprenticeship programmes. The entire

322 322 322

This content downloaded from 195.78.108.174 on Mon, 23 Jun 2014 15:09:36 PMAll use subject to JSTOR Terms and Conditions