Download or read book The Political Economy of Wage price Controls in the U S 1971 74 written by John Joseph Rasmus and published by . This book was released on 1978 with total page 1058 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Political Economy of Wage and Price Controls written by and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Wage and Price Controls written by John Kraft and published by Greenwood. This book was released on 1975 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on wage policy, price policy and price control in the USA - reviews policy changes since 15 aug 1971, and includes administrative aspects of wages and price controls, the economic stabilization programme, etc. References and statistical tables.
Download or read book Exhortation and Controls written by Craufurd D. Goodwin and published by Washington : Brookings Institution. This book was released on 1975 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Details the contributions of presidents and economic advisers to the evolution of a domestic policy that would reconcile full employment, price stability, and free enterprise from the Truman to the Nixon wage price controls.
Download or read book The Impact of the 1971 1974 Wage and Price Controls on Profit Levels and Distribution of Income written by Joseph Amos Harris and published by . This book was released on 1978 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Price and Wage Controls written by Robert F. Lanzillotti and published by . This book was released on 1977 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Great Inflation written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2013-06-28 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Download or read book The 1971 1974 Controls Program and The Price Level written by Alan S. Blinder and published by . This book was released on 1981 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides new empirical evidence on the effects of the Nixon wage-price controls on the price level. The major new wrinkle is that the controls are treated as a quantitative (rather than just a qualitative) phenomenon through the use of a specially-constructed series indicating the fraction of the economy that was controlled. According to the estimates, by February 1974controls had lowered the non-food non-energy price level by 3-4 percent. After that point, and especially after controls ended in April 1974, a period of rapid 'catch up' inflation eroded the gains that had been achieved, leaving the price level from zero to 2 percent below what it would have been in the absence of controls. The dismantling of controls can thus account for most of the burst of 'double digit' inflation in non-food and non-energy prices during 1974.
Download or read book The Political Economy of Price Controls written by Lars Jonung and published by . This book was released on 1990 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on the case studies of five companies: Gullfiber AB, Siporex AB, AB MoDo Consumer Products, AB Tegelcentralen and Lilla Harrie Verkstads AB.
Download or read book Forty Centuries of Wage and Price Controls written by Robert L. Schuettinger. and published by Ludwig von Mises Institute. This book was released on 1979 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Mises Institute is thrilled to bring back this popular guide to ridiculous economic policy from the ancient world to modern times. This outstanding history illustrates the utter futility of fighting the market process through legislation. It always uses despotic measures to yield socially catastrophic results. It covers the ancient world, the Roman Republic and Empire, Medieval Europe, the first centuries of the U.S. and Canada, the French Revolution, the 19th century, World Wars I and II, the Nazis, the Soviets, postwar rent control, and the 1970s. It also includes a very helpful conclusion spelling out the theory of wage and price controls. This book is a treasure, and super entertaining!
Download or read book Wage Price Controls in the United States 1971 1973 written by Konstantinos Ekonomakis and published by . This book was released on 1976 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Choose Economic Freedom written by George P. Shultz and published by Hoover Press. This book was released on 2020-03-01 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the keys to good economic policy? George P. Shultz and John B. Taylor draw from their several decades of experience at the forefront of national economic policy making to show how market fundamentals beat politically popular government interventions—be they from Democrats or Republicans—as a recipe for success. Choose Economic Freedom reconstructs debates from the 1960s and 1970s about the use of wage and price controls as tools of policy, showing how brilliant economists can hold diametrically opposed views about the wisdom of using government intervention to spur the economy. Speeches and documents from the era include a recently unearthed memo from Arthur Burns, Federal Reserve chair, in 1971, in which he argues in favor of controls. Under Burns's guidance and in the face of stubborn inflation, Nixon introduced wage and price guidelines and freezes. But over the long run, these became a drag on the economy and ultimately failed. It wasn't until the Reagan administration that these controls were reversed, resulting in a vibrant economy. The words of iconic economist Milton Friedman—whose "free to choose" ethos inspired the free-market revolution of the Reagan era—along with lessons Shultz and Taylor learned from the front lines, demonstrate that tried-and-true economic policy works.
Download or read book Council on Wage and Price Stability Act Amendments of 1975 written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1975 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The American Political Economy written by Douglas A. HIBBS and published by Harvard University Press. This book was released on 2009-06-30 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is the most comprehensive and authoritative work to date on relationships between the economy and politics in the years from Eisenhower through Reagan. Extending and deepening his earlier work, which had major impact in both political science and economics, Hibbs traces the patterns in and sources of postwar growth, unemployment, and inflation. He identifies which groups win and lose from inflations and recessions. He also shows how voters' perceptions and reactions to economic events affect the electoral fortunes of political parties and presidents. Hibbs's analyses demonstrate that political officials in a democratic society ignore the economic interests and demands of their constituents at their peril, because episodes of prosperity and austerity frequently have critical influence on voters' behavior at the polls. The consequences of Eisenhower's last recession, of Ford's unwillingness to stimulate the economy, of Carter's stalled recovery were electorally fatal, whereas Johnson's, Nixon's, and Reagan's successes in presiding over rising employment and real incomes helped win elections. The book develops a major theory of macroeconomic policy action that explains why priority is given to growth, unemployment, inflation, and income distribution shifts with changes in partisan control of the White House. The analysis shows how such policy priorities conform to the underlying economic interests and preferences of the governing party's core political supporters. Throughout the study Hibbs is careful to take account of domestic institutional arrangements and international economic events that constrain domestic policy effectiveness and influence domestic economic outcomes. Hibbs's interdisciplinary approach yields more rigorous and more persuasive characterizations of the American political economy than either purely economic, apolitical analyses or purely partisan, politicized accounts. His book provides a useful benchmark for the advocacy of new policies for the 1990s--a handy volume for politicians and their staffs, as well as for students and teachers of politics and economics.
Download or read book The Political Economy of U S Monetary Policy written by Edwin Dickens and published by Routledge. This book was released on 2016-03-10 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mainstream economists explain the Federal Reserve’s behavior over its one hundred years of existence as (usually failed) attempts to stabilize the economy on a non-inflationary growth path. The most important monetary event during those first one hundred years was the replacement of fixed exchange rates, based on a gold-exchange standard, with flexible exchange rates. In this book, Dickens explains how flexible exchange rates became necessary to accommodate the Federal Reserve’s relentless efforts to prevent progressive social change. It is argued that the Federal Reserve is an institutionalized alliance of the large New York banks and the large regional banks. When these two groups of banks are united, they constitute an unassailable force in the class conflict. However, when the large regional banks are at loggerheads with the large New York banks over the proper role of bank clearinghouses during the populist period, along with the proper role of the Eurodollar market during the social democratic period, there is an opening for progressive social reforms. This book builds upon Hyman Minsky’s financial instability hypothesis as well as the Marxian model constructed by Thomas Piketty. It follows Piketty’s historical method of deepening our understanding of the current Neoliberal Era (1980-2014) of global financial capitalism by comparing and contrasting it with the first era of global financial capitalism—the Gilded Age (1880-1914). In contrast with Piketty, however, this book incorporates monetary factors, including monetary policy, into the set of determinants of the long-run rate of economic growth. This book is suitable for those who study political economy, banking as well as macroeconomics.
Download or read book Economist in an Uncertain World written by Wyatt C. Wells and published by Columbia University Press. This book was released on 1994 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Posits that an examination of Burns' tenure as the Chairman of the powerful Federal Reserve Board during most of the 1970s helps to explain the U.S. economy today.
Download or read book The 1974 Economic Report of the President written by United States. Congress. Joint Economic Committee and published by . This book was released on 1974 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt:
