Instalment Buying Again.

INSTALLMENT plan; JOHNSON, Alvin; STATISTICAL sampling; INCOME; PRODUCTION (Economic theory); CONSUMPTION (Economics); AFFLUENT consumers; LOW-income consumers

Refutes social scientist Alvin Johnson's dissent from "The New Republic" magazine's editorial, "Where Installment Buying Breaks." Objection to the sample community in which income does not increase as installment buying grows; Concerns over the dangers of overproduction if real wages do not increase as rapidly as production; Differences in the consumption habits of the rich and poor.