Word: chamberlin
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...interview with Professor Chamberlin printed in last Saturday's CRIMSON, he is reported as saying: "Looking backward, it seems no loss than a nightmare that business should have been handed a blank check, as it was under General Johnson, to 'govern itself' with no thought for the consequences. . . Much of the power which largo industrialists have secured for themselves with government sanction will never be retaken from them." It is this in the New Deal that I object to; it is this objection which any honest person should object to. It is the taxing of the bread and meat...
Going on to explain, Professor Chamberlin pointed out that "it has become increasingly apparent that the means chosen were not adapted to the ends. Restrictive measures such as price fixing, the prohibition of sales below cost, and the limitations of output are being abandoned, although a year ago these were represented as the only means of curing a demoralized state of industry. Mr. Richberg has even recognized that the process of raising wages in order to "increase purchasing power" may be carried to excess...
Just returned form a brief trip to Washington, Edward H. Chamberlin, Associate Professor of Economics and member of the Consumers' Advisory Board for the N. R. A. administration, stated in an interview with the CRIMSON yesterday that "the National Recovery Act has less to do with recovery every...
...conclusion, Mr. Chamberlin remarked "there are good reasons for thinking that the public interest will be distinguished from that of business and be more effectively heard in the future. Looking backward, it seems no less than a nightmare that business should have been handed a blank check, as it was under General Johnson, to 'govern itself' with no thought for the consequences. The present set-up of boards makes it much more possible to look at problems from several angles instead of only one. for a long time to come, however, public gains will be realized only slowly, and much...
After convincing the docile Economics 4-A men that balance sheets are balance sheets because they balance, Prof. Chamberlin straightened his glasses and proceeded to a hasty consideration of the principles of accounting...