ANALYZE FEDERAL ACTS IN BUSINESS REVIEW

Recent Federal legislation affecting business is critically examined in the winter number of the Harvard Business Review, published at the Business School, and out today.

Two articles on the Robinson-Patman Act and an article dealing with the Social Security Act are included. The first essay on the Robinson Act, by Edmund P. Learned, associate professor of Marketing, and Nathan Isaacs, professor of Business Law, examines the legal questions involved in the act, and its effects of pricing, and sales policies.

The second Robinson-Patman article, by Melvin T. Copeland, professor of Marketing deals with the act from an administrative standpoint, and emphasizes the necessity of careful enforcement, so as to submerge the politically minded features of the Act.

In his discussion of the Social Security Act, Benjamin M. Selekman, lecturer on Urban Industrial Problems, summarizes the Act, and considers the workability of its various provisions. Particular emphasis is laid on the financing problems that occur under the Act, and provision for care of the unemployed.

Other articles are a discussion of stock markets and their control in the United States, a consideration of the effects of the period 1926-36, with data gathered from corporate income-tax return, and an article on the scope of quantitative market analysis.