Macroeconomic Policy and a Living Wage: The Employment Act as Redistributive Economics, 1944-1969 (Hardback)
  • Macroeconomic Policy and a Living Wage: The Employment Act as Redistributive Economics, 1944-1969 (Hardback)
zoom

Macroeconomic Policy and a Living Wage: The Employment Act as Redistributive Economics, 1944-1969 (Hardback)

(author)
£89.99
Hardback 290 Pages / Published: 25/11/2018
  • Coming soon

Awaiting publication

  • This item has been added to your basket

This book offers a new interpretation of the Employment Act of 1946. It argues that in addition to Keynesian economics, the idea of a living wage was also part of the background leading up to the Employment Act. The Act mandated that the president prepare an Economic Report on the state of the economy and how to improve it, and the idea of a living wage was an essential issue in those Economic Reports for over two decades. The author argues that macroeconomic policy in the USA consisted of a dual approach of using a living wage to increase consumption with higher wages, and fiscal policy to create jobs and higher levels of consumption, therefore forming a hybrid system of redistributive economics. An important read for scholars of economic history, this book explores Roosevelt's role in the debates over the Employment Act in the 1940s, and underlines how Truman's Fair Deal, Kennedy's New Frontier and Johnson's Great Society all had the ultimate goal of a living wage, despite their variations of its definition and name.

Publisher: Springer Nature Switzerland AG
ISBN: 9783030019976
Number of pages: 290
Dimensions: 210 x 148 mm
Edition: 1st ed. 2018

You may also be interested in...

Debt
Added to basket
£17.99
Paperback
How Europe Underdeveloped Africa
Added to basket
The Mystery Of Capital
Added to basket
Reinventing the Bazaar
Added to basket
The Great Crash 1929
Added to basket
The Downfall of Money
Added to basket
More Money Than God
Added to basket
The Making of the English Working Class
Added to basket
The Age Of Capital
Added to basket
£14.99
Paperback
The Rational Optimist
Added to basket
This Time Is Different
Added to basket
False Economy
Added to basket
£9.99
Paperback
Guns, Germs And Steel
Added to basket
£10.99   £8.99
Paperback
The Great Hunger
Added to basket
Lords of Finance
Added to basket
£10.99
Paperback

Reviews

Please sign in to write a review

Your review has been submitted successfully.