GreenspanAlan, “Those Battered Guideposts,”Challenge, XV (Sept.–Oct. 1966), 38–41, 50–51.
2.
Some examples of pressures which the administration could exert: Antitrust action; re-examination of the tax returns of individuals and companies involved; discriminatory allocation of government contracts; and higher prices for services provided by the government (e.g., electricity supplied to aluminum refiners by federal power projects).
3.
The authors believe that the GSA estimate was optimistic; it is doubtful that the production rate could have been increased an extra 7 to 13 per cent within, say, a year. The administration's argument in November, however, was a non sequitur, since even with output fixed in the short run a price increase would tend to squeeze out marginal demanders, thereby channeling copper to its most valuable uses. Furthermore, a price increase would tend to increase output in the long run.
4.
ReesAlbert, “An Income Policy for the United States?”Journal of Business, XXXVIII (Oct. 1965), 374–378.
