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11937 results in Canadian Journal of Political Science/Revue canadienne de science politique & past titles

Page 414 of 597

  • The Wages Fund Controversy Revisited

  • William Breit
  • Journal:
    Canadian Journal of Economics and Political Science/Revue Canadienne d’Economique et de Science politique / Volume 33 / Issue 4 / November 1967
    Published online by Cambridge University Press:
    07 November 2014, pp. 509-528
    Print publication:
    November 1967

  • “The wages fund theory is the crowning instance of an untrue abstraction … and it has probably done more injury to the reputation of economic theory than any other generalization ever received into economics textbooks and then expunged from them.” These words, by James Bonar, fairly well express the view that has dominated economic thought on the wages fund doctrine for the past century. Writing forty years after Bonar, Paul Samuelson claims he has been impressed by the “falseness and emptiness of the wage fund doctrine,” stating that the controversy it inspired “constitutes one of the most sterile chapters in that dreary gap between the classical age and the revolutionary neoclassical discoveries of that last third of the nineteenth century.”

  • On the Economic Implications of the Yield Ceiling on Government-Insured Mortgages*

  • Lawrence B. Smith
  • Journal:
    Canadian Journal of Economics and Political Science/Revue Canadienne d’Economique et de Science politique / Volume 33 / Issue 3 / August 1967
    Published online by Cambridge University Press:
    07 November 2014, pp. 420-431
    Print publication:
    August 1967

  • Policy makers have recently devoted a great deal of attention to the interest rate ceiling on bank loans, one of the two main impediments to the free flow of funds within the Canadian capital markets. The other major impediment, the interest rate ceiling on government-insured mortgages, has largely been ignored despite the pronounced impact it has upon the allocation of funds, and the recommendation of the Royal Commission on Banking and Finance that it be abolished. Recent instability in the residential construction sector has, however, once again focused attention upon this ceiling and raised the question of its desirability. The purpose of this paper is to correct a major misconception concerning the impact of this ceiling and to point out some of the other major implications of an interest rate maximum on governmentinsured mortgages.

  • Yoshiko Kasahara, 1912-1966

  • S.G.
  • Journal:
    Canadian Journal of Economics and Political Science/Revue Canadienne d’Economique et de Science politique / Volume 33 / Issue 3 / August 1967
    Published online by Cambridge University Press:
    07 November 2014, pp. 459-460
    Print publication:
    August 1967
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  • Voting Behaviour and Socio-Economic Characteristics: The Middlesex East Federal Election, 1965

  • James W. Simmons
  • Journal:
    Canadian Journal of Economics and Political Science/Revue Canadienne d’Economique et de Science politique / Volume 33 / Issue 3 / August 1967
    Published online by Cambridge University Press:
    07 November 2014, pp. 389-400
    Print publication:
    August 1967

  • Although the interrelationship between socio-economic characteristics and electoral behaviour in Canadian elections is widely recognized, only recently have attempts been made to evaluate these interactions in a precise manner. The approaches used so far vary in methodology–using both interviews and voting results–and in the level of analysis–ranging from poll to constituency to province to nation. The results depend to some extent on the research approach. Particularly strong variations exist in the effects of social variables in different provinces and different constituencies.

    This study presents another research alternative, using multiple regression techniques to combine census small-area information with voting results at the poll level. Although the strengths and weaknesses of this approach are discussed in detail by Meisel and Paquet, few Canadian studies have yet exploited its potential return. Problems of sampling and of variations in candidates and issues among constituencies are replaced by the difficulties of ecological correlation, but the use of regression procedures allows the evaluation of the predictive power of the explanatory variables.

Page 414 of 597