Drastic Measures: A History of Wage and Price Controls in the United States - Rilegato

Rockoff, Hugh

Rilegato

ISBN 10: 052124496X ISBN 13: 9780521244961

Casa editrice: Cambridge University Press, 1984

Riassunto

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.

Su questo libro

Descrizione del libro:

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.

Contenuti:

Editors' preface; Preface; 1. The debate over controls; 2. Forgotten experiments; 3. World War I; 4. World War II: attacking inflation directly; 5. World War II: the market under controls; 6. The Korean War; 7. The Vietnam War; 8. Lessons for the recent crisis; Notes; Bibliography; Name index; Subject index.

Su questa edizione

• Editore: Cambridge University Press
• Data di pubblicazione: 1984
• ISBN 10: 052124496X
• ISBN 13: 9780521244961
• Rilegatura: Copertina rigida
• Numero edizione: 1
• Numero di pagine: 302