Planning a Living Wage: The National Industrial Recovery Act

Donald Stabile

Chapter Chapter 3 in The Political Economy of a Living Wage, 2016, pp 99-138 from Palgrave Macmillan

Abstract: Abstract During the 1920s and early 1930s, the idea of national economic planning had been proposed by several persons. The New Deal responded to this call for planning with an eclectic combination of these programs under the name of the NIRA. This chapter focuses on the relationship between the NIRA and a living wage. First, it considers Roosevelt’s statements on the NIRA and its goal of a living wage. Then, it examines what administrators and supporters of the NIRA said about a living wage. Finally, it will present analyses of the NIRA by supporters of a living wage, along with criticisms from skeptics about a living wage. The conclusion to the chapter will offer an assessment of where the NIRA went wrong.

Keywords: Social Justice; Minimum Wage; Collective Bargaining; High Wage; Great Depression (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psichp:978-3-319-32473-9_3

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DOI: 10.1007/978-3-319-32473-9_3

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