An Economic Program for American Democracy

An Economic Program for American Democracy

An Economic Program for American Democracy

An Economic Program for American Democracy

Excerpt

This program grew out of a series of discussions on the economic problems facing America held in Cambridge, Massachusetts, during the winter and spring of 1938. Those taking part in the discussions and collaborating in drafting conclusions and recommendations were younger Instructors in Economics at Harvard University and Tufts College, students doing graduate work in the Economics Department at Harvard, and Fellows and Consultants in the Harvard Graduate School of Public Administration.

It is now nearly five months since the original draft of this book was completed, and many things have happened in the meantime. The Congress has established a Temporary National Economic Committee to make an exhaustive study of many of the problems for which we have sought to find solutions. A Fair Labor Standards Act, fixing nation-wide standards of minimum wages and maximum hours, is about to become the law of the . . .

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