Incomes Policies: How to Not Control Inflation and Get Everyone Mad

Tim Hazledine

Chapter 15 in Full Employment without Inflation, 1984, pp 125-134 from Palgrave Macmillan

Abstract: Abstract The idea of supplementing macroeconomic monetary and fiscal policies with some more specific anti-inflation instrument is certainly not new. Frustrated by the failure of orthodox policies, and stirred by the politician’s natural activist impulse to ‘do something’ about a problem, British governments of both parties attempted some sort of direct anti-inflation policy about once every six years in the post-war period up to the mid-1970s.1

Keywords: Profit Margin; Wage Increase; Price Control; Wage Structure; Income Policy (search for similar items in EconPapers)
Date: 1984
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DOI: 10.1007/978-1-349-17697-7_15

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