Collective Bargaining in the Wake of the Coal Strike
The Empire Club of Canada Addresses (Toronto, Canada), 17 Apr 1978, p. 396-406
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Collective Bargaining in the Wake of the Coal Strike

The settling of the coal strike. How it was settled. Lessons learned. Some concerns about some international employment problems relating to energy and coal utilization. How the Carter Administration handled the coal strike. Two major objectives were to minimize damage to the public and to facilitate a collectively bargained settlement. Three important lessons learned with regard to government intervention, problems that cannot be resolved by the normal collective bargaining process, the importance of paying attention to the impact of institutional arrangements on economic policy. The speaker warns that these are his opinions and statements, not those of the government that he represents. Comments on the problem of world-wide economic stagnation. Attitudes within the world's industrialized democracies. Suggestions for solutions. Expanding the lending capacity of an international financial institution for loans to developing countries. The premise that all major economic problems are interdependent and must be viewed in an international context.