Intro -- Contents -- Preface -- 1. Introduction -- 2. The Underpinnings, Precursors, and Development of the NIRA -- 3. The NIRA Code Negotiation Process -- 4. The President's Reemployment Agreement of August 1933 -- 5. Codes of Fair Competition: Industrial Planning and Collusion under the NIRA...

In their 1993 book, Richard Vedder and Lowell Gallaway contend that US unemployment during the twentieth century can be largely explained by movements in the "adjusted real wage rate", that is, the real hourly wage rate divided by labor productivity. In particular, the authors suggest that...