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Table of Contents
Intro; Preface; Acknowledgments; Contents; Abbreviations; 1: The Hybrid System of Redistributive Economics; Macroeconomic Policy and a Living Wage; Paul H. Douglas and the Hybrid System of Redistributive Economics; Conclusion; References; 2: Background of the Employment Act I: A Living Wage; The Political Economy of a Living Wage; Collective Bargaining; Macroeconomic Policy; A Minimum Wage; Social Insurance; The New Deal: Reform and Recovery; Roosevelt and Keynes; Fiscal Policy Expands Under Roosevelt; Conclusion; References; 3: Background of the Employment Act II: Keynesian Economics
Keynes and the Theory of Employment; Keynes and Wages; Keynes and Fiscal Policy; Slichter and the Adjustment to Instability; Clark Appraises Fiscal Policy; Keynes and World War II; Hansen Accepts Keynes; Samuelson Synthesizes Keynes; Keynesian Economics and Collective Bargaining; Conclusion; References; 4: Background of the Employment Act III: An Economic Bill of Rights; Roosevelt's Second Bill of Rights; Roosevelt Accepts Keynes: The Nation's Budget; The CIO Proposes a Guaranteed Wage; Keynesians Criticize the Guaranteed Annual Wage; Wallace Promises 60 Million Jobs; Conclusion; References
5: The Political Economy of the Employment Act of 1946; The Postwar Economy, 1945-1950; Truman Takes Over; The Legislation of the Employment Act; Truman's First Economic Report; Hansen Criticizes the Economic Report; Truman's Second Economic Report; The First JEC Report; Truman Promises a Fair Deal; Truman's Subsequent Economic Reports; JEC Reports by Democrats; The New Republic Comments on the Economic Reports; The Union Response to the Economic Reports; Congress Raises the Minimum Wage; Truman, the Employment Act and Economic Justice; Conclusion; References
6: Kennedy's New Frontier: Tax Cuts and Wage Policy; The 1950s, Eisenhower and a Conservative Approach to Keynesian Economics; Hansen Looks Backward and Forward; Kennedy and Economics; Kennedy's First Economic Report; Kennedy's Second Economic Report: The Case for Tax Cuts; Hansen Supports the Tax Cuts; Progressive Responses to Kennedy's Economic Policies; Conclusion; References; 7: The Age of Keynes in the Great Society; The Economy in the 1960s; The Tax Cuts; The Great Society; Signs of Inflation; A Tax Surcharge; The Hybrid System of Redistributive Economics
Economists, Keynesians and the Great SocietyUnions and the Great Society; Conclusion; References; 8: The Decline and Revival of a Living Wage; The Economy of the 1970s; The Decline of Unions; Social Insurance Stays Firm, For Now; The Minimum Wage Falls; The Decline of Keynesian Economics; Economists Return to the Living Wage; The Revival of a Living Wage Movement; Conclusion; References; Index.
Keynes and the Theory of Employment; Keynes and Wages; Keynes and Fiscal Policy; Slichter and the Adjustment to Instability; Clark Appraises Fiscal Policy; Keynes and World War II; Hansen Accepts Keynes; Samuelson Synthesizes Keynes; Keynesian Economics and Collective Bargaining; Conclusion; References; 4: Background of the Employment Act III: An Economic Bill of Rights; Roosevelt's Second Bill of Rights; Roosevelt Accepts Keynes: The Nation's Budget; The CIO Proposes a Guaranteed Wage; Keynesians Criticize the Guaranteed Annual Wage; Wallace Promises 60 Million Jobs; Conclusion; References
5: The Political Economy of the Employment Act of 1946; The Postwar Economy, 1945-1950; Truman Takes Over; The Legislation of the Employment Act; Truman's First Economic Report; Hansen Criticizes the Economic Report; Truman's Second Economic Report; The First JEC Report; Truman Promises a Fair Deal; Truman's Subsequent Economic Reports; JEC Reports by Democrats; The New Republic Comments on the Economic Reports; The Union Response to the Economic Reports; Congress Raises the Minimum Wage; Truman, the Employment Act and Economic Justice; Conclusion; References
6: Kennedy's New Frontier: Tax Cuts and Wage Policy; The 1950s, Eisenhower and a Conservative Approach to Keynesian Economics; Hansen Looks Backward and Forward; Kennedy and Economics; Kennedy's First Economic Report; Kennedy's Second Economic Report: The Case for Tax Cuts; Hansen Supports the Tax Cuts; Progressive Responses to Kennedy's Economic Policies; Conclusion; References; 7: The Age of Keynes in the Great Society; The Economy in the 1960s; The Tax Cuts; The Great Society; Signs of Inflation; A Tax Surcharge; The Hybrid System of Redistributive Economics
Economists, Keynesians and the Great SocietyUnions and the Great Society; Conclusion; References; 8: The Decline and Revival of a Living Wage; The Economy of the 1970s; The Decline of Unions; Social Insurance Stays Firm, For Now; The Minimum Wage Falls; The Decline of Keynesian Economics; Economists Return to the Living Wage; The Revival of a Living Wage Movement; Conclusion; References; Index.