Index

Age of Keynes, The, 3n

Angewandte Lohntheorie, 78n

Arbeiterfrage unter dem Gesichtspunkte des Vereinsrechtes, Die, 74n

Balogh, T., 6

Bamberger, Ludwig, 74n

Bank for International Settlements, 50

Barnard, C.I., 88n

Bernanke, Ben, xv

Beveridge, Lord, 6, 152–53

Böhm-Bawerk, Eugen von, 9

Böhm, Franz, 90n

Bradley, P.D., 78n

Briefs, Goetz, 90n

Britain’s Economic Prospects, 6n

Brittan, S., 6, 7

Capital. See Investment

Capitalism, Socialism, and Democracy, 75n

Caves, R.E., 6n

Chamberlin, E.H., 76n, 78n, 87n

Clark, J.M., 2

Clearing Union, 44, 51, 54

Clower, R.W., 9n

Cole, G.D.H., xii

Commodity Reserve Currency, 41–43, 43–47, 47–55, 56–57

Constitution of Liberty, 101, 110

Critics of Keynesian Economics, The, 4n

Davenport, John, 78n

Deflation, 24, 101–110

Depression, xiv, xvi–xvii, xix

Dicey, A.C., 75n,

Dunlop, J.T., 77n, 78n

Economic Analysis of Labor Power, 78n

Economic Growth in Britain, 6n

Economic Institute on Wage Determination and the

Economics of Liberalism, 77n

Economist in the Century, The, 6n

Economists and the Public, 4n, 77n

Employment, 12, 73–76, 144

full, 2–7, 59–67, 115–17, 124, 139, 143

unemployment, xii, xiv, 3, 5, 47, 53–54, 59, 66, 139, 145, 151–56

cyclical, 146–47, 154

parallel with monopoly, 141

as wage problem, 140

White Paper, 1944, 2, 154

Federal Reserve, xv

Fellner, William, 14n

Fisher, Irving, 24, 44

Freedom under Planning, 98n

Full Employment in a Free Society, 151–56

Gascom, Charles, xivn

Gemeinwirtschaft, Die, 76n

General Theory of Employment, Interest and Money, passim

Gold Standard, 41–43, 43–46, 50–51, 114

Gouldner, A.W., 89n

Government

bailout, xiv, xix

Stimulus program, xiii

Government and the Market Economy, 6n, 7n

Graham, F.D.

criticises Keynes, 47

Keynes replies to Graham, 56

Hansen, A.H., 153, 154

Hayek, F.A., passim

criticises Keynes, 12–13, 30–31, 111

criticised by Keynes, 43

Hazlitt, Henry, 4n

Hicks, J.R., 78n, 95n

How to pay for the War,4

Hunold, A., 105n

Hutt, W.H., xxi, 4, 4n, 77n

Impact of the Union, The, 78n

Incomes Policy, 5, 8, 13–14, 45, 55, 96–99

Individualism and Economic Order, 10n, 14n

Industrial Democracy, 89

Industrial Relations in Australia, 98n

Industry and Society, 88n

Industry-wide Bargaining, 78n

Inflation, xviii, 15–24, 59–67, 101–10, 115–17, 129–34, 135–38

cause, 4, 67–73, 95, 132–34, 145

cost push, 5–8, 23–24, 94–96

demand pull, 5n, 9

German, 144

international, 20–21

monetary, xv, xix

Investment, 6–9, 12, 27–30, 34–37, 114–15, 146–47, 150, 155

abolish private investment, 154

Involuntary Participation in Unionism, 78

Johnson, H.J., 10n

Kaldor, N., 3, 154

Keynes, J.M., passim

criticised by Hayek, 12–13, 30–31, 111

criticises Hayek, 43

criticised by Graham, 47

reply to Graham, 56–57

The Critics of Keynesian Economics, 4n

reatise on Money, xxii, 12, 112

Keynesianism, xvi

Labor Policy of the Free Society, The, 78n, 93

Labour,

employment, xiv, xvi, 2, 3, 139

employment White Paper (1944), 3, 154

immobility, 141

movement, 63–65

strike, 78, 91

unemployment, xiv, xviii, 2–4, 46, 53–55, 61–65, 80, 93–96, 127, 142

unionized, xvii

Labour and Inflation, 6n

Labour Unions and Public Policy, 76n

Law and Opinion, 75n

Legal Immunities of Labour Unions, 76n

Lekachman, Robert, 3n

Lenhoff, A, 93n

Lindblom, C.B., 78n

Lutz, F., 14n, 105n

Machlup, F., 5n, 78n

Marshall, A., 1, 113

Marx, Karl, 48

McCulloch, J.R., 74n

McDermott, Lord, 76n

Meade, James, 6

Menger, Carl, 9

Mill, John Stuart, 125

Mills, C.W., 74n

Mises, L. von, 9, 76n, 113, 137

Monetary Policy, xv, 8–13, 16–17, 24–25, 37–39, 60–67, 120–25, 138, 140–41

exchange rates, 22–24, 45–46, 50–53

interest rate, 29–30, 33, 37,

reforms, 7, 11, 41–44, 46, 47

reserve currency, 41–57

Monetary Nationalism and International Stability, 17, 24, 25

Monetary Theory, 10n

Money

quantity, 20–22, 31, 44, 107, 113, 136, 143–44

stock, 10, 16, 45–46, 72

supply, xxn

Monopoly

capitalist, 141, 145

labour, 141, 145

parallel with unemployment, 141

Morgan, E.V., 6, 7

National Investment Board, 154

New Men of Power, The, 74n

Norris-La Guardia Act, 76

Obama, Barack (President), xv

Ohlin, B, 24n

Opie, R, 6

Organization and Management, 88n

Paish, Frank, 6, 7

Patterns of Industrial Bureaucracy, 89n

Petro, Sylvester, 77n, 78n, 88n, 93, 99

Pigou, A.C., xxii, 1, 113

Planning, 59, 60, 96–99, 110, 127, 130, 145

Political Economy of Monopoly, The, 78n

Pound, Roscoe, 78n

Power Unlimited: The Corruption of Union Leadership, 77n

Price Level

fallacy of, 17–24

Prices. See Inflation

Prices and Production, 10, 12, 15, 17, 112

Problem of Rising Prices, The, 14n

Production, 10–13, 16–16, 34–35, 115, 136, 145–50, 154

costs of, xvii

factors of, 31–33

Profit, 12, 33, 37, 69

margins, 102–04, 148

sharing, 132

Protection from Power under English Law, 76n

Pure Theory of Capital, The, 37, 40

Real factors

importance of, xvii, 34–37

scarcity of, xvii, xviii, 27–33

Recession, xiii

Reddaway. W.B., 8n

Reilly, G.D., 8n

Rise and Fall of Incomes Policy, 6n

Robbins, Lord, 6, 6n

Roberts, B.C., 78n

Robertson, D.H., xxii

Robertson, D.J., 6n

Roepke, W., 102n

Rubber, 21

Saving, 12, 34–37, 154–56

Schumpeter, J.A., 75n

Sherman Act, 76

Short run

dangers of, 37–40

Simons, H.C., 77n

Slichter, Sumner, 89n

Smith, Adam, xxi

Smith, D.C., 6n

Smithies, Arthur, 2, 2n

Sobotka, S.P, 83n

South Africa, 48

Stabilization policy, xvi

Stagflation, 143

State Rights and the Law of Labor Relations, 78n

Streeten, P.P., 5, 5n

Strigi, R., 78n

Studies in Philosophy, Politics, and Economics, I4n, 67

Theory of Collective Bargaining, 4n, 77n

Theory of Idle Resources, 4n

Theory of Money, 113

Theory of Wage Determination, The, 78n

Theory of Wages, The, 78n

‘Tiger by the Tail,’ 13, 125

Trade International, 65, 114, 153

Trade Unions, 73–101, 125

coercion, 77–101

monopoly, 73, 83

strike, right to, 78, 90–91

wage demands, 4, 7, 9, 13–14, 67–73, 73–85, 95–96

Trade Unions in a Free Society, 78n, 89n

Treatise on the Circumstances Which Determine the Rate of Wages and the Condition of the Labouring Classes, 74n

Treatise on Money, xxii, 12, 112

Two Memoirs, 118

Unions and Capitalism, 78n, 80n

Uri, P., 3

Viner, Jacob, 3, 3n, 78n

Vollbeschäftigung, Inflation und Planwirtschaft, 105n

Wage Determination under Trade Unions, 77n

Wages, 1–9, 13–14, 17–19, 44–46, 59–60, 119–125, 140–41, 144–45

bargaining, 24, 78

incomes Policy, 5, 6, 7, 13, 45, 55, 96–99

inflexibility, 59–110

reduction, 23, 25, 67–70, 94–96, 127

Wages and Prices in a Mixed Economy, 6n

Walker, E.R., 3

Walker, K.F., 3

War financing, 4

Weintraub, S., 98n

Welfare, Freedom, and Inflation, 102n

What Marx Really Meant, xxii

Wieser, F. von, 9

Whyte, W.F., 88n

Williams Gertrud, 98n

Wolman, Leo, 78n

Wootton, Barbara, 77n, 98n

Wright, David McCord, 78n

Zwischen Kapitalismus und Syndikalismus, 90n