CURRENT TOPICS

Date01 February 1960
Published date01 February 1960
DOIhttp://doi.org/10.1111/j.1467-9485.1960.tb00124.x
CURRENT TOPICS
THE
Sixth Annual Meeting of the Scottish Economic Society
was
held
in the
Staff
Club, University
of
Edinburgh,
on
22nd March, 1960; there
were 35 members present. The meeting approved
the
election
of
Sir
Alexander Gray, Professor Emeritus
of
Political Economy
in.
the
University of Edinburgh, as president of the Society
in
succession to
Sir John Campbell, and Professor Alan T. Peacock was re-elected to
the Council.
A
list
of
office-bearers
for
1960 is published
on
the back
cover
of
this issue.
Membership
of
the Society in 1959 showed
a
heartening increase.
Increased income from sales to non-members and fairly stable
costs
in the production
of
the
Journal
reduced the deficit
to
be met by the
University Courts from El79 to E139. The audited accounts
of
the
Society
for
the year ending 31st December, 1959, were approved by
the Annual General Meeting, and are printed
on
pp.
164 and 165 of
this
issue.
The branches
of
the Society all arranged meetings during the winter,
usually
on
a
wide range of topics, though the Edinburgh branch had
three meetings, one joint with the Agricultural Circle,
on
the theme
of
African economic problems. It is hoped to extend the practice
of
inviting to local branch meetings non-members who are known to be
interested in any particular topic being discussed.
After the business meeting Professor Thomas Wilson, Adam Smith
Professor of Political Economy in the University
of
Glasgow, gave
a
paper
on
Current Economic Prospects. Professor Wilson analysed
problems of inflation and stagnation in the United Kingdom in the
light of recent price, cost and output trends, and examined the appro-
priateness of various pricing, fiscal and monetary policies, as well as
direct controls,
in
the present situation, and in relation to long-term
rates
of
economic
growth.
163

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