HABERLER, GOTTFRIED. Consumer Instal ment Credit and Economic Fluctuations. Pp. xix, 239. New York: National Bu reau of Economic Research, 1942. $2.50

Published date01 November 1942
DOI10.1177/000271624222400165
Date01 November 1942
Subject MatterArticles
/tmp/tmp-17E3sRPDY34ydV/input
224
there is no good reason why war financial
Opinions, whether valid or not, are de-
policy should be improper; (5) the present
scribed as &dquo;facts&dquo; that must be taken into
war will demonstrate the necessity of a
account. Wage data, for example, are pre-
completely integrated system of economic
sented in some detail, with background in-
control focused upon the single war ob-
formation such as the bearing of long hours
jective.
of work and overtime payments on the rise
It is unfortunate that Wartime Price
in earnings; and there is at the same time
Control was not published a year or two
a study of the views of workers themselves
earlier.
It deserves a wide audience be-
regarding the adequacy of their earnings.
cause of its sound scholarship and highly
A similar study was made of hours of
commendatory brevity, directness, and
work: not only the actual hours worked,
clarity of exposition.
E. T. GRETHER
but also the workers’ points of view re-
University of California, Berkeley
garding their hours. Labor’s voice in man-
agement is the subject of much considera-
&dquo;People in Production,&dquo; Change, No. 3,
tion.
It was found on the basis of a
Part 1, pp. x, 410. London: The Ad-
sample inquiry that 62 per cent of persons
vertising Service Guild, 1942. 10s.
in all classes felt that workers should have
A superficial reading of &dquo;People in Pro-
more to say in management, and that only
duction&dquo; may leave a feeling of depression.
10 per cent felt that they should have less
It was written during a &dquo;crisis of produc-
to say. There is some discussion of works
tion,&dquo; confused by &dquo;cross accusations, a
councils and the shop-steward movement in
forest of pointing fingers&dquo; (in England,
relation to trade unions.
not America); and there is presented no
The achievement of ef6ciency by re-
clear-cut remedial plan. Nevertheless, the
organizations of administrative machinery
volume is reassuring evidence, if such is
in business...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT