Forty Centuries of Wage and Price Controls

A Final Comment on the Good Intentions of Government

“The President has stressed repeatedly the value of simplicity of government documents and the importance of not placing undue reporting burdens on the public.”

Fact Book: Wage and Price Standards, p. 20.

(Published by the Council on Wage and Price Stability on October 31, 1978).

The Results of the Good Intentions of Government

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Fact Book: Wage and Price Standards, 1978, page 30, how to calculate company-wide average price.

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Ibid., page 24, how to compute pay standard for collective bargaining agreements.

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Ibid., page 27, how to figure company-wide average price in any quarter.

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