Word: wage
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Dates: during 1960-1969
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...past, New York's Democratic mayors had made behind-the-scenes deals with Michael J. Quill, president and founder of the TWU. Though settlement was reached before the deadline, Quill was permitted to continue with his strike threats up to the last minute so that the city could justify wage increases under the pretense of saving the city from a walkout...
Lindsay has been disappointingly unimaginative in dealing with the problems imposed by the strike. He is likely to have even more difficulty financing any wage increase...
According to one source, Lindsay wanted to call a halt to settlements on the basis of the "understandings." He felt that because of it many inequities, for example wage differentials, of the previous contracts were swept under the table. To avoid this he wanted to arrive at a settlement through open collective bargaining...
Dunlop's studies have appeared in such books as "Wage Determination Under Trade Unions" and "Industrial Relations Systems." He is chairman and editor of the Wertheim Committee which publishes a series of books on industrial relations and labor economics...
Nowadays, Johnson is not only prac ticing Keynesia? economics but is pursuing policies of Pressure and persuasion that go far beyond anything Keynes ever dreamed of. In 1965 Johnson vigorously wielded the wage-price guide-lines" to hold wages and prices down, forced producers of aluminum, copper and wheat to retreat from price hikes by threatening to dump the Government's commodity stockpiles and battled the nation s persistent balance-of-payments deficit ,with the so-called "voluntary" controls on spending and lending abroad. Some Keynesians believe that these policies violate Keynes's theories because they are basically microeconomic instead...