1980s Unemployment and the Unions: Essays on the Impotent Price Structure of Britain and Monopoly in the Labour Market
Subtitle on cover: The distortion of relative prices by monopoly in the labour market. Distributor from label on title page.
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PREFACE Arthur Seldon
Painful consequences for Britain of restoring
Mild steady inflation cannot helpit can lead
5 other sections not shown
accelerating achieved adaptation allowed attempt become believe benefits Britain British capital cause chief circumstances coercion commodity competition consequence consumer continue contribution costs course created demand depend deprived determined direction distribution division of labour earn economic economists effect efficient efforts employed employment existing force freedom full employment function gain given groups guided Hayek income increase individual industry inflation institutions justice lead living longer maintain means ment merely monetary monopoly moral necessary once opportunities organisations political position possible practices present privileges problem production Professor raise reason reduced relative wages removed requires responsibility result reward rise rules sell serve signals social society standard structure supply trade unions true wages wants wealth whole workers