Word: hawtrey
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...point. Even though the wage cutting scheme be inferior to the price-raising, alternative, II Duce might infinitely prefer to slash at the defenceless proletariat in the usual fashion rather than tread so heavily on the toes of his fixed-income supporters. Even though wage-cutting, as R. G. Hawtrey has pointed out from his eyrie in the Bank of England may not prove sufficient to increase exports to any appreciable degree in a world of incredible tariff walls, and even though, as Cassandra Keynes has warned, wage-cutting may provoke bitter retaliation by other countries, still Il Duce does...
Such controversial subjects as the monetary and cycle theories of Hawtrey, Keynes, Hayes and Foster and Catchings are treated at length; while much light is also thrown on the mechanism and control of credit, and international trade in general. It would be rash to go further into the subject matter of the course for monetary theory and practice are in such a state of rapid development that next year may find a new set of problems which will call for new treatment. It can, however, be confidently concluded that if such changes do occur Professor Williams, to a greater degree...
Three further lectures, which were announced yesterday, will bring to those interested, discussions of widely different subjects. On March 21, R. G. Hawtrey, Assistant Secretary to the Treasury, Whitehall, London, who is now delivering the Lowell Institute lectures in Boston, will speak on the British Treasury. On March 28, there will be a talk on "Political Theory and Political Practice" by Ernest Barker, professor at Cambridge University; and Charles Beard will lecture on "Hair Trigger Governments in Eastern Europe" on April...
...prevention of war depends upon a proper treatment of the economic causes, suggested Mr. R. G. Hawtrey, exchange professor from London in the first lecture of his course on Economics and Sovereignty at Lowell Institute. Not only is this suggestion most significant for determining a means of attaining the most important aim of humanity at present, but also of the educational policy that necessarily must be followed to achieve world peace. Since the basic principle in which all educators are in accord is that the broad purpose of education is to fit the individual most efficiently to understand, appreciate...
This plan is not only simple and more conservative than any other change recently suggested,, but it has a tangible efficiency and directness of perpose. A thoroughly universal education in economics is essential to alleviate the ignorance of the interrelation of sovereignty, property, power, and conflict which Mr. Hawtrey and Norman Angell suggest as basic causes of war. A general understanding of economics appears to be the simplest, sanest, and most significant educational advocacy among the recent flood of innovations and proposed experiments. With it will come the ideal of having the world think of economic ends in terms...