Jonathan Hughes

The Great Strike at Nushagak Station, 1951: Institutional Gridlock

In the summer of 1951 the Bering Sea fishermens union strike against the Bristol Bay salmon packers signaled the end of old-time industrial labor relations there. The issues of the strike and its conduct offer a case study of deteriorating symbiosis in industrial relations, which is not untypical elsewhere in American industry. This paper concentrates on events in 1951 and 1952 at a remote cannery site on the Nushagak River as a partial microcosm of larger evolutionary consequences in American industry.

Variations on a theme: Long-term growth of government

The growth of the federal government has been studied extensively for the past 20 years, both to understand its size and potential for growth and to understand why it grows and operates as it does. This article presents an argument about the growth and operation of government and explores measures of long-term growth. The article suggests that one should not expect any significant reduction in the scale or scope of government in the near future.

Bank of England Reserve Policy

In his most enlightening paper on Federal Reserve policy in 1920–1921 Elmus Wickers statement on the Bank of Englands policies is not strictly in accord with the facts. The English system of no legal reserve requirements imparted a greater degree of flexibility to the monetary authorities and allowed a greater economy in the use of the gold reserve. The entire gold reserve was available in emergencies to safeguard the pound.