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Deconstructing the Monolith: The Microeconomics of the National Industrial Recovery ACT

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Deconstructing the Monolith: The Microeconomics of the National Industrial Recovery ACT - Taylor, Jason E
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The National Industrial Recovery Act (NIRA) was enacted by Congress in June of 1933 to assist the nation's recovery during the Great Depression. Its passage ushered in a unique experiment in US economic history: under the NIRA, the federal government explicitly supported, and in some cases enforced, alliances within industries. Antitrust laws were suspended, and companies were required to agree upon industry-level "codes of fair competition" that regulated wages and hours and could implement anti-competitive provisions such ...

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Deconstructing the Monolith: The Microeconomics of the National Industrial Recovery ACT 2019, University of Chicago Press

ISBN-13: 9780226603308

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