First Published in 1998. Routledge is an imprint of Taylor & Francis, an informa company.

Plan for Reconstruction: A Project for Victory in War and Peace (International Library of Sociology)

Politics & Social Sciences

Hutt, W.H.

Social Sciences

Routledge

First published in 1998. Routledge is an imprint of Taylor & Francis, an informa company.

Plan for Reconstruction (International Library of Sociology)

Reference

The strike-threat system;: The economic consequences of collective bargaining

Business & Money

Economics

Arlington House

The late W. H. Hutt was a preeminent and persistent critic of the economic theories of John Maynard Keynes. In The Keynesian Episode, he presents a comprehensive review of Keynes's General Theory, including the finest critique to date of the Acceleration Principle. He questions the very legitimacy of Keynes's fundamental epistemology. In Hutt's discussion of economics there is a refreshing emphasis on the vital importance of the market price system as a coordinating process. As Dr. Hutt wrote: "The intellectual developments for which Keynes's General Theory appeared to be responsible had caused a setback to scientific thinking about human economic relations at a crucial epoch. Keynes tried to find in the factors determining the value of the money unit the genesis of output and income. . . . He linked monetary theory to the economic world only through unsatisfactory concepts such as employment, income, and effective demand."

KEYNESIAN EPISODE, THE

Liberty Fund, Inc.

The Keynesian Episode: A Reassessment

Liberty Fund

The theory of collective bargaining, 1930-1975 (Cato paper ; no. 14)

Management & Leadership

Cato Institute

In 1930, W.H. Hutt demonstrated several spectacular points: labor unions cannot lift wages overall; their earnings come at the expense of the consumer; their effect is to cartelize business and reduce free competition to the detriment of everyone. He demonstrated these points with intricate logic that took on the main economic arguments for labor unions. In 1954, this little volume was published in the United States, with a very complimentary essay by none other than Ludwig von Mises, who saw Hutt's work as valid for the ages. Now this great essay is back in print, and all his points still hold true, particularly the least intuitive one that unions actually benefit some producers at the expense of others, and always harm the consumer. The brevity of this essay is as notable as its power to persuade. 153 pages, 6" x 9", paperback 2007

The theory of collective bargaining

Free Market Foundation

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