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Drastic Measures: A History of Wage and Price Controls in the United States (Studies in Economic History and Policy: USA in the Twentieth Century) - Softcover
This is a history of America's use of wage and price controls from colonial times to Richard Nixon's experiment with controls in the 1970s. It explores the impact of controls on prices and productivity, side-effects such as the growth of black markets and the expansion of government, and the relationship between controls and monetary policy. The central conclusion is that, contrary to the conventional wisdom, there are situations where the net effect of controls can be positive. In particular, temporary controls may reduce the unemployment and lost output usually associated with disinflation.
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This is a history of America's use of wage and price controls from colonial times to the 1970s. It explores the impact of controls on prices and productivity, side-effects such as the growth of black markets and the expansion of government, and the relationship between controls and monetary policy.
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- PublisherCambridge University Press
- Publication date2008
- ISBN 10 052152203X
- ISBN 13 9780521522038
- BindingPaperback
- Number of pages302
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Drastic Measure: A History of Wage and Price Controls in the United States
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ISBN 13: 9780521522038
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Drastic Measures: A History of Wage and Price Controls in the United States (Studies in Economic History and Policy: USA in the Twentieth Century)
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(2004)
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Drastic Measures: A History of Wage and Price Controls in the United States (Studies in Economic History and Policy: USA in the Twentieth Century)
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(2004)
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ISBN 13: 9780521522038
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Drastic Measures: A History of Wage and Price Controls in the United States (Studies in Economic History and Policy: USA in the Twentieth Century)
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(2004)
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ISBN 13: 9780521522038
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Book Description Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. This is a history of America s use of wage and price controls from colonial times to the 1970s. It explores the impact of controls on prices and productivity, side-effects such as the growth of black markets and the expansion of government, and the relation. Seller Inventory # 446938195
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