Dear colleagues,

May I turn to the HES community with two more Hayek-related queries?

(1) In Kaldor's "Professor Hayek and the Concertina Effect" (1942) 
there is the following passage: "The investment cycle, as Mr. Hawtrey 
has said, is essentially a matter of widening and not of deepening." 
Hawtrey's distinction between "capital widening" and "deepening" is, 
of course, well known. Yet, I could not find a passage coming close 
to what in Kaldor's formulation looks like a quotation. (For example, 
I have looked into Hawtrey's Capital and Employment and tried a JSTOR 
search for journal articles before 1942, both in vain.)

(2) In the Friedrich August Hayek Papers there is a short typescript 
of a few pages, "Restoring the Price Level", which according to a 
pencilled remark was written December 1933 and destined for the 
"London General Press". (In fact, the paper was not published.) I was 
unable to find specific information on the London General Press and, 
in particular, on the purpose for which it could possibly have 
commissioned a short paper from Hayek. Can someone help me out?

I will be very grateful for any suggestions.
Hansjoerg Klausinger