Word: waging
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Dates: during 1930-1939
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Professor Chamberlin's new assignment is interesting in view of the opinions he recently expressed in his chapter of "The Economics of the Recovery Program." In this chapter he advocates means of bringing about a general increase in purchasing power, not only for wage earners, but also for "farmers, dividend receivers, and business managers." The Professor is especially interested in the relation of the government and the consumer, and hopes that he will be able to work with that subject in his new position...
...probability neither Paraguay nor Bolivia think that the Chaco is worth the battle that is being waged for it. The reason for its continuance is to be found, I think, in the vague rumors that seep out of both countries about popular discontent with the governments. Obviously, if the rabble are occupied in the jingoistic activities that accompany a war, their rulers will feel relatively safe. Consequently, the Chaco is an ideal place to wage such a war, for defeat and loss of such a God-forsaken region can have no very serious results for either country...
...What we have to do is to consider the effectiveness of other means to this end." The discussion which follows though by no means exhaustive, makes a number of valuable distinctions and brings such neglected elements of the problem to the fore as the simple fact that not only wage earners but also farmers, dividend receivers, business managers, and so on are consumers, that a high wage rate may mean reduced volume of employment and thus reduce working class income as a whole, and that as far as our knowledge of business cycles goes consumer spending appears...
...other examples, take the N. R. A. codes and the Administration's labor policy. Professor Mason sees no justification for the codes beyond their service in suppressing racketeering and child labor and in establishing minimum wages. Professor Brown seems advocate for the workers operates between employers, and yet they realize how devastating the unrestricted warfare of powerful unions and large employers associations is likely to be. From the only other alternative, that of allowing the government to play a larger and larger part in the regulation particularly of wage bargains, they recoil in the same sort of terror before...
...farm. He complained that Federal authorities would not listen to his protests. CWAdministrator Hopkins retorted: "All that guy is after is headlines. He doesn't contribute a dime but he's always yapping. Some people just can't stand to see others making a living wage." Three days later NRAdministrator Johnson leaped into the controversy to declare: "It's perfectly absurd for CWA to pay higher wages than private industry can afford to pay under codes. Government money distributed that way is practically a dole. Industry cannot give doles. Hopkins' talk about decent subsistence wages...