Inflation, unions, and wage policy: report
Chamber of Commerce of the United States, 1960 - Business & Economics - 44 pages
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86th Congress AFL-CIO American analysis average hourly basic beneﬁts cause inﬂation Chamber of Commerce Chamberlin coercion collective bargaining competition compulsory unionism conﬂict Congress Consumer Price Index costs demand diﬂicult economic and political Economic Policy economists effect employers excessive explanation of inﬂation factor FASCELL ﬁeld ﬁnd ﬁrst ﬁscal and monetary ﬁscal policies ﬁxed incomes ﬂow free market Friedman full employment gains govemment industry INFLATION inﬂation process inﬂationary inﬂuence Joint Economic Committee labor market labor unions law of cost legal immunities market power ment Milton Friedman monetary policies money supply Moulton non-material well-being oﬂice political power postwar power of union price and wage price level product market Professor proﬁts reﬂected rise steel strike strong unions Taft-Hartley Act tion tive bargaining union monopoly union ofﬁcials union oﬂicials union power United University Vice-President violence wage increases wage inﬂation wage policy wage rates wage-price spiral wage-push Washington Weintraub workers York