Word: economicsâ
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...group represents what might be termed the rubber band school of economics???what the profession itself calls "elasticity." The sensible notion is that people respond to the specific incentives of price and supply and that, given the right incentives, the market itself is better equipped than the Government to bring about lower prices and more supplies of what people want and need...
...Economics???Professor Dr. Hermann Warmbold...
Last Week in the Supreme Court the 14th Amendment wrecked another State experiment in economics???and brought forth what may become a historic dissent. In an attempt to control competition, the Oklahoma Legislature provided that the manufacture of ice was a public utility and that ice producers must obtain certificates of public convenience and necessity from the State Corporation Commission. New State Ice Co. of Oklahoma City complied with this statute. When one Ernest A. Liebeman started to put up an ice plant without a certificate, New State Ice Co. went into Federal Court for relief. On appeal, six justices...
...affirmed with full foundation that military intervention against the U. S. S. R. [Union of Socialist Soviet Republics] was projected by the French General Staff for 1930-31 and sanctioned by the Hoover group in view of the necessity of solving the basic problem of American economics???to market vast stocks of raw materials and raise the prices of agricultural products...
Minister of Economics???Dr. JULIUS CURTICS (People's Party...
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