Quote

There is no inherent mechanism in our present system which can with certainty prevent competitive sectional bargaining for wages from setting up a vicious spiral of rising prices under full employment.

William Beveridge

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William Beveridge
Age: 84 †
Born: 1879
Born: March 5
Died: 1963
Died: March 16
Economist
Politician
Statistician
William Henry Beveridge
William Henry Beveridge
1st Baron Beveridge
W. H. Beveridge
William H. Beveridge
System
Mechanism
Spiral
Full
Inherent
Bargaining
Prevent
Spirals
Settings
Prices
Rising
Vicious
Certainty
Wages
Setting
Competitive
Present
Employment
Sectional

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