Word: livernash
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...public interest has not been seriously harmed by strikes in steel, or by steel collective bargaining agreements, despite common public opinion to the contrary." So said Harvard Professor E. Robert Livernash last week in a forthright, polemical, 317-page study of collective bargaining in the steel industry and its impact on the U.S. economy...
...wage-price spiral higher. Steel settlements in the postwar years were a part of the prevailing wage-price push but not necessarily the first cause in each new round. Even though finished-steel-product prices from 1947 to 1959 rose 109% v. only some 30% for consumer prices, Livernash hypothesizes that if steel prices had risen only as much as overall prices, the consumer price jump would have been slowed by a mere 2.4% through...
...basis of his findings, Livernash argues for a hands-off Government policy when labor and management are dueling. The mere prospect of Government intervention causes delaying tactics by both sides in negotiations: both sides feel they can get a better settlement through a third party than they can get in a tough clash with each other...
Edward R. Livernash, professor of Economics, has a test that can tell you whether you are a "reactionary" or a "radical...
...Livernash plans to use the test to show students of his class in labor relations that people think in two different ways about labor and management relations...