Kniha Drastic Measures Hugh Rockoff

Drastic Measures

A History of Wage and Price Controls in the United States

Autor: Hugh Rockoff
Jazyk: Angličtina
Vazba: Pevná
Dostupnost: Skladem u dodavatele
Odesíláme za 10-18 dnů
2 779
This is a history of America's use of wage and price controls from colonial times to Richard Nixon's...

Informace o knize

Autor
Jazyk
Angličtina
Vazba
Kniha - Pevná
Vydáno
1984
Stránek
302
EAN
9780521244961
ISBN
052124496X
Enbook ID
02025873
Hmotnost
67
Rozměry
152 x 229 x 21

Kompletní popis

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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