Drastic Measures

A History of Wage and Price Controls in the United States

By: Hugh Rockoff

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Hardcover | 17 December 1984

At a Glance

Hardcover
302 Pages

Dimensions(cm)
22.9 x 15.2 x 2.1

Hardcover

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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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You Can Find This Book In

Non-Fiction Economics Political Economy Industry & Industrial Studies Industrial Relations, Health & Safety Industrial Relations Economic History History Regional & National History History of the Americas

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Paperback

Published: 7th June 2004

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Preface
The debate over controls
Forgotten experiments
World War I
World War II: attacking inflation directly
World War II: the market under controls
The Korean War
The Vietnam War
Lessons for the recent crisis
Notes
Bibliography
Name index
Subject index
Table of Contents provided by Publisher. All Rights Reserved.

Drastic Measures

A History of Wage and Price Controls in the United States

At a Glance

Hardcover

Shipping

How to return your order

Defective items

You Can Find This Book In

Other Editions and Formats

Paperback

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