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Author: Jason E. Taylor
Publisher: University of Chicago Press
ISBN: 022660344X
Category : Business & Economics
Languages : en
Pages : 215
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Book Description
The National Industrial Recovery Act (NIRA) was enacted by Congress in June of 1933 to assist the nation’s recovery during the Great Depression. Its passage ushered in a unique experiment in US economic history: under the NIRA, the federal government explicitly supported, and in some cases enforced, alliances within industries. Antitrust laws were suspended, and companies were required to agree upon industry-level “codes of fair competition” that regulated wages and hours and could implement anti-competitive provisions such as those fixing prices, establishing production quotas, and imposing restrictions on new productive capacity. The NIRA is generally viewed as a monolithic program, its dramatic and sweeping effects best measurable through a macroeconomic lens. In this pioneering book, however, Jason E. Taylor examines the act instead using microeconomic tools, probing the uneven implementation of the act’s codes and the radical heterogeneity of its impact across industries and time. Deconstructing the Monolith employs a mixture of archival and empirical research to enrich our understanding of how the program affected the behavior and well-being of workers and firms during the two years NIRA existed as well as in the period immediately following its demise.
Author: Jason E. Taylor
Publisher: University of Chicago Press
ISBN: 022660344X
Category : Business & Economics
Languages : en
Pages : 215
Get Book Here
Book Description
The National Industrial Recovery Act (NIRA) was enacted by Congress in June of 1933 to assist the nation’s recovery during the Great Depression. Its passage ushered in a unique experiment in US economic history: under the NIRA, the federal government explicitly supported, and in some cases enforced, alliances within industries. Antitrust laws were suspended, and companies were required to agree upon industry-level “codes of fair competition” that regulated wages and hours and could implement anti-competitive provisions such as those fixing prices, establishing production quotas, and imposing restrictions on new productive capacity. The NIRA is generally viewed as a monolithic program, its dramatic and sweeping effects best measurable through a macroeconomic lens. In this pioneering book, however, Jason E. Taylor examines the act instead using microeconomic tools, probing the uneven implementation of the act’s codes and the radical heterogeneity of its impact across industries and time. Deconstructing the Monolith employs a mixture of archival and empirical research to enrich our understanding of how the program affected the behavior and well-being of workers and firms during the two years NIRA existed as well as in the period immediately following its demise.
Author: United States
Publisher:
ISBN:
Category : Industrial organization
Languages : en
Pages : 24
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Book Description
Author:
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 110
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Book Description
Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : Full employment policies
Languages : en
Pages : 136
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Book Description
Author: United States. Superintendent of Documents
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 2660
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Book Description
Author: Laura Phillips Sawyer
Publisher: Cambridge University Press
ISBN: 1108548040
Category : History
Languages : en
Pages : 394
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Book Description
Rather than viewing the history of American capitalism as the unassailable ascent of large-scale corporations and free competition, American Fair Trade argues that trade associations of independent proprietors lobbied and litigated to reshape competition policy to their benefit. At the turn of the twentieth century, this widespread fair trade movement borrowed from progressive law and economics, demonstrating a persistent concern with market fairness - not only fair prices for consumers but also fair competition among businesses. Proponents of fair trade collaborated with regulators to create codes of fair competition and influenced the administrative state's public-private approach to market regulation. New Deal partnerships in planning borrowed from those efforts to manage competitive markets, yet ultimately discredited the fair trade model by mandating economy-wide trade rules that sharply reduced competition. Laura Phillips Sawyer analyzes how these efforts to reconcile the American tradition of a well-regulated society with the legacy of Gilded Age of laissez-faire capitalism produced the modern American regulatory state.
Author: United States. Bureau of Agricultural Economics. Library
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 724
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Book Description
Author: Martha Lawrence
Publisher: World Bank Publications
ISBN: 1464814252
Category : Business & Economics
Languages : en
Pages : 101
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Book Description
Over the past decade, China has built 25,000 km of dedicated highspeed railway—more than the rest of the world combined. What can we learn from this remarkable experience? China’s High-Speed Rail Development examines the Chinese experience to draw lessons for countries considering investing in high-speed rail. The report scrutinizes the planning and delivery mechanisms that enabled the rapid construction of the high-speed rail system. It highlights the role of long-term planning, consistent plan execution, and a joint venture structure that ensures active participation of provincial and local governments in project planning and financing. Traffic on China’s high-speed trains has grown to 1.7 billion passengers a year. The study examines the characteristics of the markets for which high-speed rail is competitive in China. It discusses the pricing and service design considerations that go into making high-speed rail services competitive with other modes and factors such as good urban connectivity that make the service attractive to customers. One of the most remarkable aspects of the Chinese experience is the rapid pace of high-quality construction. The report looks at the role of strong capacity development within and cooperation among China Railway Corporation, rail manufacturers, universities, research institutions, laboratories, and engineering centers that allowed for rapid technological advancement and localization of technology. It describes the project delivery structures and incentives for delivering quality and timely results. Finally, the report analyzes the financial and economic sustainability of the investment in high-speed rail. It finds that a developing country can price high-speed rail services affordably and still achieve financial viability, but this requires very high passenger density. Economic viability similarly depends on high passenger density.
Author: Todd N. Tucker
Publisher: Anthem Press
ISBN: 1783087935
Category : Law
Languages : en
Pages : 226
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Book Description
‘Judge Knot’ explores the biggest and the most controversial success story in international law: investor-state dispute settlement, or ISDS. Since 1990, investors have launched hundreds of claims against government regulation. This exclusive inside look explains what makes the system tick: its poorly understood centuries-old origins, why corporations demand investment law solutions to political problems, how arbitrators supply these solutions, and why the system lasts despite the many politicians and citizens unhappy with it. Building off of an unprecedented set of interviews with the arbitrators who actually decide the cases, ‘Judge Knot’ brings together the best of political science, law and development economics scholarship and offers a concrete alternative to ISDS that leverages what works about the system and discards what does not, so that international law can be more supportive of democracy and development goals.
Author: Arthur M. Schlesinger
Publisher: Houghton Mifflin Harcourt
ISBN: 0547527640
Category : History
Languages : en
Pages : 691
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Book Description
Volume two of the Pulitzer Prize-winning author’s Age of Roosevelt series describes Franklin Delano Roosevelt’s first tumultuous years in the White House. Coming into office at the bottom of the Great Depression, FDR told the American people that they have nothing to fear but fear itself. The conventional wisdom having failed, he tried unorthodox remedies to avert economic collapse. His first hundred days restored national morale, and his New Dealers filled Washington with new approaches to recovery and reform. Combining idealistic ends with realistic means, Roosevelt proposed to humanize, redeem, and rescue capitalism. The Coming of the New Deal, written with Schlesinger’s customary verve, is a gripping account of critical years in the history of the republic. “Monumental…authoritative…spirited…one of the major works in American historical literature.”—New York Times “Impelling, an achievement as much in its sensitivity as in its scholarship…It is essential reading.”—Kirkus Reviews
