{"product_id":"drastic-measures-a-history-of-wage-and-price-controls-in-the-united-states-hardback-9780521244961","title":"Drastic Measures; A History of Wage and Price Controls in the United States (Hardback) 9780521244961","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eDrastic Measures\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eA History of Wage and Price Controls in the United States\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eA history of America's use of wage and price controls from colonial times to the 1970s.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eHugh Rockoff (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521244961, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 29 June 1984\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e302 pages\u003cbr\u003e22.9 x 15.2 x 2.1 cm, 0.67 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThis 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.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eEditors' preface\u003cbr\u003e Preface\u003cbr\u003e 1. The debate over controls\u003cbr\u003e 2. Forgotten experiments\u003cbr\u003e 3. World War I\u003cbr\u003e 4. World War II: attacking inflation directly\u003cbr\u003e 5. World War II: the market under controls\u003cbr\u003e 6. The Korean War\u003cbr\u003e 7. The Vietnam War\u003cbr\u003e 8. Lessons for the recent crisis\u003cbr\u003e Notes\u003cbr\u003e Bibliography\u003cbr\u003e Name index\u003cbr\u003e Subject index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Economic history [\u003ca title=\"See our other books on Economic history\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economic%20history%20%5BKCZ%5D%22\"\u003eKCZ\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46004880933144,"sku":"9780521244961","price":70.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521244961i_c9fb6b82-d027-48fb-bcba-e31a4ad10fd7.jpg?v=1691374080","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/drastic-measures-a-history-of-wage-and-price-controls-in-the-united-states-hardback-9780521244961","provider":"Freshly Printed Books","version":"1.0","type":"link"}