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incomes policy

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incomes policy

See wage and price controls.
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Oddly, he passes over the important story of price control, and also, later on, of peacetime incomes policy.
A Perilous Progress: Economists and Public Purpose in Twentieth ... by Galbraith, James K. / Washington Monthly
An instrument which combines some of the best aspects of economic and social policy, but which is sometimes neglected, is promoting consensual, equitable approaches to income determination through negotiation of prices and incomes policy.
Targeting employment by Langmore, John / UN Chronicle
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