Abstract
This paper argues that President Nixon's wage and price controls, in affect from August 1971 to April 1974, laid the groundwork for the post-1973 decline in U.S. production worker real wages.
Get full access to this article
View all access options for this article.
References
1.
Gordon, D.
(1996 ). Fat and mean: the corporate squeeze of'working Americans and the myth of managerial downsizing . New York : Martin Kessler Books .
2.
Nilsson, E.
(1999 ). Trends in compensation for production workers: 1948-1995 , Review of Radical Political Economics
31 (4 ), December: 133 -163 .
3.
Rockoff, H.
(1984 ). Drastic measures: a history of wage and price controls in the United States . New York : Cambridge University Press .