. Review of reviews and world's work . g) Press Publishing Company the fiddler presents his bill and it ^staggershumanity From the Evening World (New York). next! From the Evening Telegram (New York) ARE PRICES COMING DOWN? BY IRVING FISHER (Professor of Political Economy, Yale University) AT the present time there is a halt inproduction. Industry is slowed industrial concerns are failing to earnprofits, and others are suffering the dissipa-tion of their accrued profits, because, evenby shutting their plans down, they cannotsave certain of their expenses or any of theirfixed charges.
. Review of reviews and world's work . g) Press Publishing Company the fiddler presents his bill and it ^staggershumanity From the Evening World (New York). next! From the Evening Telegram (New York) ARE PRICES COMING DOWN? BY IRVING FISHER (Professor of Political Economy, Yale University) AT the present time there is a halt inproduction. Industry is slowed industrial concerns are failing to earnprofits, and others are suffering the dissipa-tion of their accrued profits, because, evenby shutting their plans down, they cannotsave certain of their expenses or any of theirfixed charges. We are threatened with busi-ness depression and from peculiar causes, forthe unsound conditions usually preceding abusiness depression are absent. The main reason why business is not go-ing ahead better is that most people havebeen, and are still, expecting prices to merchant is selling, but not buying. Themanufacturer holds up the purchase of hisraw materials. People quote the disparitybetween present prices and those prevailingbefore the war, and decide they will notbuy much until present prices get down tonormal. This general conviction
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