Why Did the Roosevelt Administration Think Cartels, Higher Wages, and Shorter Workweeks Would Promote Recovery from the Great Depression?

The article examines three aspect of the U.S. National Industrial Recovery Act (NIRA) of 1933. It attempts to justify why did the Roosevelt Administration think that collusion, high wages, and shorter work hours would promote recovery from the Great Depression. It notes that the precursors to the NI...

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Publicado en:Independent Review Vol. 23; no. 1; pp. 91 - 108
Autores principales: BEAUDREAU, BERNARD C., TAYLOR, JASON E.
Formato: Artículo
Publicado: Independent Institute Summer2018
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Acceso en línea:Ver este registro en EBSCOhost
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        au:
          BEAUDREAU, BERNARD C.
          TAYLOR, JASON E.
        affil:
          Professor of economics at the University of Laval
          Professor of economics at Central Michigan University
      su:
        Wages
        Working hours
        Great Depression, 1929-1939
        National Industrial Recovery Act of 1933
        Collusion
        United States politics & government, 1929-1933
      sug:
        subj:
          Wages
          Working hours
          Great Depression, 1929-1939
          National Industrial Recovery Act of 1933
          Collusion
          United States politics & government, 1929-1933
      ab: The article examines three aspect of the U.S. National Industrial Recovery Act (NIRA) of 1933. It attempts to justify why did the Roosevelt Administration think that collusion, high wages, and shorter work hours would promote recovery from the Great Depression. It notes that the precursors to the NIRA as well as the evolution of the economic thinking on the issue led to the passage of NIRA on June 16,1933.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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