Quantitative Economics

IN a paper on econometric researches, appearing in the series of publications dealing with economic problems edited by Dr. R. Gilrat (No. 412 ; Hermann and Cie., 6 Rue de la Sorbonne, 6, Paris, 1936), Prof. R. Ray deals with the demand for goods for direct consumption. Results obtained in this question of demand, whether by experimental methods or by the application of statistical methods to observations, afford a strong presumption in favpur of...