IDEAS home Printed from https://ideas.repec.org/a/oup/qjecon/v33y1919i2p205-241..html
   My bibliography  Save this article

Price-Fixing as seen by a Price-Fixer

Author

Listed:
  • F. W. Taussig

Abstract

The three agencies that regulated prices, 205. — Differences in their methods, 206. — The Price-Fixing Committee, 209. — Commodities regulated by the committee, 209. — Ground for their selection; heavy government needs, 210. — Prices were fixed as maxima only, 214. — Gradual elaboration and extension, 214. — Cost of production as the basis, 216. — Marginal, or "bulk-line," cost, and charts illustrating it, 218. — This basis of price-fixing justified by economic theory, 222. — Distinction between differences in cost based on physical causes and those based on human qualities, 222. — The real ground for stress on marginal cost was necessity of maintaining output, 228. — Special phases of some articles, lumber, cement, iron and steel, 229. — Proposals for an average or pooled price, 232. — Objections to this method, 233. — Conclusion, 238.

Suggested Citation

  • F. W. Taussig, 1919. "Price-Fixing as seen by a Price-Fixer," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 33(2), pages 205-241.
    • Handle: RePEc:oup:qjecon:v:33:y:1919:i:2:p:205-241.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1884733
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rogers, George B., 1972. "Price Control Programs, 1917-71: Origins, Techniques, Effects on Food Prices," Agricultural Economic Reports 307468, United States Department of Agriculture, Economic Research Service.
    2. Gordon, Robert J, 1982. "Price Inertia and Policy Ineffectiveness in the United States, 1890-1980," Journal of Political Economy, University of Chicago Press, vol. 90(6), pages 1087-1117, December.
    3. Jacques Sapir, 2022. "Is Economic Planning Our Future?," Studies on Russian Economic Development, Springer, vol. 33(6), pages 583-597, December.
    4. Richard Fleischman & Thomas Tyson, 2000. "Parallels between US and UK cost accountancy in the World War I era," Accounting History Review, Taylor & Francis Journals, vol. 10(2), pages 191-212.
    5. Hugh Rockoff, 2004. "Until it's Over, Over There: The U.S. Economy in World War I," NBER Working Papers 10580, National Bureau of Economic Research, Inc.
    6. Marin Muzhani, 2023. "Economics of Economy Pricing," Vernon Press Titles in Economics, Vernon Art and Science Inc, edition 1, number 1750.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:qjecon:v:33:y:1919:i:2:p:205-241.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/qje .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.