Wage Restraint and the Control of Inflation

Wage Restraint and the Control of Inflation
Author :
Publisher : Routledge
Total Pages : 200
Release :
ISBN-10 : 9781317228226
ISBN-13 : 1317228227
Rating : 4/5 (26 Downloads)

Synopsis Wage Restraint and the Control of Inflation by : Beth Bilson

Since 1945 preventing runaway wage inflation has been regarded as a key policy in managing an economy in a successful way. The exact nature of pay control has varied from country to country and from time to time. This book, originally published in 1987, examines pay control policies in major Western economies. It surveys developments from 1945 and explores the aims of pay policies and discusses the problems of implementation, comparing the different kinds of policies. By comparing the performance of these different approaches the book assesses the merits and pitfalls of the different approaches.

Forty Centuries of Wage and Price Controls

Forty Centuries of Wage and Price Controls
Author :
Publisher : Ludwig von Mises Institute
Total Pages : 194
Release :
ISBN-10 : 9781610165259
ISBN-13 : 161016525X
Rating : 4/5 (59 Downloads)

Synopsis Forty Centuries of Wage and Price Controls by : Robert L. Schuettinger.

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!

The Great Inflation

The Great Inflation
Author :
Publisher : University of Chicago Press
Total Pages : 545
Release :
ISBN-10 : 9780226066950
ISBN-13 : 0226066959
Rating : 4/5 (50 Downloads)

Synopsis The Great Inflation by : Michael D. Bordo

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.

Inflation

Inflation
Author :
Publisher : University of Chicago Press
Total Pages : 302
Release :
ISBN-10 : 9780226313252
ISBN-13 : 0226313255
Rating : 4/5 (52 Downloads)

Synopsis Inflation by : Robert E. Hall

This volume presents the latest thoughts of a brilliant group of young economists on one of the most persistent economic problems facing the United States and the world, inflation. Rather than attempting an encyclopedic effort or offering specific policy recommendations, the contributors have emphasized the diagnosis of problems and the description of events that economists most thoroughly understand. Reflecting a dozen diverse views—many of which challenge established orthodoxy—they illuminate the economic and political processes involved in this important issue.

Reaganomics in the Stagflation Economy

Reaganomics in the Stagflation Economy
Author :
Publisher : University of Pennsylvania Press Anniversary Collection
Total Pages : 234
Release :
ISBN-10 : STANFORD:36105037457798
ISBN-13 :
Rating : 4/5 (98 Downloads)

Synopsis Reaganomics in the Stagflation Economy by : University of the South. Economics Department

Mostly papers presented during the Third Annual Sewanee Economics Symposium, Oct. 1-3, 1981; sponsored by the Economics Dept. of the University of the South at Sewanee in cooperation with Sidney Weintraub, visiting appointee to the Kennedy Distinguished Professorship in Economics.

Price and Wage Control

Price and Wage Control
Author :
Publisher :
Total Pages : 464
Release :
ISBN-10 : STANFORD:36105112127118
ISBN-13 :
Rating : 4/5 (18 Downloads)

Synopsis Price and Wage Control by : United States. Congress. Joint Economic Committee

Incomes Policies in the United States

Incomes Policies in the United States
Author :
Publisher :
Total Pages : 116
Release :
ISBN-10 : UIUC:30112011731392
ISBN-13 :
Rating : 4/5 (92 Downloads)

Synopsis Incomes Policies in the United States by : United States. Congressional Budget Office

Rational Expectations and Inflation

Rational Expectations and Inflation
Author :
Publisher : Princeton University Press
Total Pages : 390
Release :
ISBN-10 : 9781400847648
ISBN-13 : 1400847648
Rating : 4/5 (48 Downloads)

Synopsis Rational Expectations and Inflation by : Thomas J. Sargent

A fully expanded edition of the Nobel Prize–winning economist's classic book This collection of essays uses the lens of rational expectations theory to examine how governments anticipate and plan for inflation, and provides insight into the pioneering research for which Thomas Sargent was awarded the 2011 Nobel Prize in economics. Rational expectations theory is based on the simple premise that people will use all the information available to them in making economic decisions, yet applying the theory to macroeconomics and econometrics is technically demanding. Here, Sargent engages with practical problems in economics in a less formal, noneconometric way, demonstrating how rational expectations can satisfactorily interpret a range of historical and contemporary events. He focuses on periods of actual or threatened depreciation in the value of a nation's currency. Drawing on historical attempts to counter inflation, from the French Revolution and the aftermath of World War I to the economic policies of Margaret Thatcher and Ronald Reagan, Sargent finds that there is no purely monetary cure for inflation; rather, monetary and fiscal policies must be coordinated. This fully expanded edition of Rational Expectations and Inflation includes Sargent's 2011 Nobel lecture, "United States Then, Europe Now." It also features new articles on the macroeconomics of the French Revolution and government budget deficits.

The Popular and the Political

The Popular and the Political
Author :
Publisher : Routledge
Total Pages : 252
Release :
ISBN-10 : 9781135025984
ISBN-13 : 1135025983
Rating : 4/5 (84 Downloads)

Synopsis The Popular and the Political by : Michael Prior

The failure of the left in Britain to achieve its objectives in the past, and the rapidly changing nature of popular involvement in politics in recent years, both suggest the need for a reappraisal of socialist strategy in the 1980s. The Popular and the Political explores the need to redefine socialism in terms which extend beyond 'statism', which has been the mark of both the social democracy of the last two Labour government and the Marxist left, and which reflect the changing nature of contemporary Britain. The essays presented here consider social policy in a wide range of fields, health, housing, energy and economic planning, as well as the broad questions of democratic involvement in the political process.

The inflation crisis, and how to resolve it

The inflation crisis, and how to resolve it
Author :
Publisher : Ludwig von Mises Institute
Total Pages : 198
Release :
ISBN-10 : 9781610164269
ISBN-13 : 1610164261
Rating : 4/5 (69 Downloads)

Synopsis The inflation crisis, and how to resolve it by : Henry Hazlitt