Volkar was obsessed with the labor unions. He even carried an index card schedule of upcoming union contract negotiations in his pocket. Crushing labor was not incidental to his programme, not at all. And that's one of the big like lessons i've drawn from reading, you know, transcripts of federal reserve discussions.
Inflation is once again at the center of political debate. Dan interviews Tim Barker to put monetary policy in its historical and class war context.
Reading:
Preferred Shares by Tim Barker phenomenalworld.org/analysis/wage-share
email digradiopod@gmail.com for PDFs of the following two articles:
The Vietnam War and the Political Economy of Full Employment by Dean Baker, Robert Pollin and Elizabeth Zahrt
Class Conflict and the "Natural Rate of Unemployment" by Robert Pollin
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