Investigation of Concentration of Economic Power: Monograph No. 25-26, Recovery Plans (Classic Reprint) - Softcover

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Excerpt from Investigation of Concentration of Economic Power<br/><br/>Among the specific duties assigned to! The Temporary National Economic Committee by the joint resolution which created it was that of hearing and receiving evidence on the effect. Of existing tax, patent, and other Government policies upon competition, price levels, unemployment, profits, and consumption. The joint resolution directed the committee to make recommendations to Congress on the subjects studied. Apparently, Congress contemplated nothing less than that the committee look into the laws and working rules of our society for the causes of depression and that it suggest remedial measures for depression. The basic problem of economic statesman ship for Congress in this period undoubtedly. Consists in discovering ways in which to utilize our entire labor supply while preserving civil liberties and the individualistic values of democracy. While the prob lem is drastically changed by the current defense program, this situa tion is likely to be a relatively temporary one and the longer-term economic problem of overcoming depression and unemployment is likely to continue to challenge us.

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