Titlebook: Macroeconomic Policy and a Living Wage; The Employment Act a Donald R. Stabile Book 2018 The Editor(s) (if applicable) and The Author(s), u

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Background of the Employment Act I: A Living Wage,oponents of the political economy of a living wage hoped their program would be adopted voluntarily but were willing to seek the help of government if they failed to secure volunteers among business leaders.

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the 1940s, and underlines how Truman’s Fair Deal, Kennedy’s New Frontier and Johnson’s Great Society all had the ultimate goal of a living wage, despite their variations of its definition and name..978-3-030-13204-0978-3-030-01998-3

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https://doi.org/10.1007/978-3-030-01998-3employment act; Keynes; redistributive economics; political economy; macroeconomics; New Deal; Age of Keyn

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,Kennedy’s New Frontier: Tax Cuts and Wage Policy,ort, he used the hybrid system of redistributive economics to formulate policies to end the recession that he inherited as president. When those policies did not cause the economy to grow fast enough, Kennedy evolved his policies to a tax cut that was a combination of Keynesian economics and conservative supply-side thinking.

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Donald R. StabileOffers a new interpretation of the Employment Act of 1946.Takes an in-depth look at the development of economic policies from the New Deal through to the Great Society.Uses a laboristic approach to ex

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978-3-030-13204-0The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl

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Book 2018s also part of the background leading up to the Employment Act.  The Act mandated that the president prepare an Economic Report on the state of the economy and how to improve it, and the idea of a living wage was an essential issue in those Economic Reports for over two decades. The author argues th

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