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The History of Guaranteed Wages and Employment

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  • Seastone, Don A.

Abstract

Since the first American guaranteed wage and employment plans were formulated more than sixty years ago, the concept of guarantees has been championed by diverse economic institutions. This paper will analyze these successive attempts at establishing guarantees in the chronological order in which they have occurred—first, by business enterprise, secondly by various levels of government, and finally, by labor unions.

Suggested Citation

  • Seastone, Don A., 1955. "The History of Guaranteed Wages and Employment," The Journal of Economic History, Cambridge University Press, vol. 15(2), pages 134-150, June.
  • Handle: RePEc:cup:jechis:v:15:y:1955:i:02:p:134-150_05
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    Cited by:

    1. Hanes, Christopher, 2010. "The rise and fall of the sliding scale, or why wages are no longer indexed to product prices," Explorations in Economic History, Elsevier, vol. 47(1), pages 49-67, January.

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