Forty Centuries of Wage and Price Controls
Index
Index
Abbot, Frank, 23
Adams, John, 147, 150
AFL-CIO, 149
Alvord, Clarence, 39
The American Economic Review, 56
Anderson, John, 109
Argentina, 96
Ashley, W. J., 30
Australia, 98–99
Austria, 94
Babylon, 11–12
Rim-Sin, 12
Backman, Jules, 63
Barre, Raymond, 93–94
Belgium:
Antwerp, 33
Bengal, 33–34
black markets, 138–140
in France, 46
in Germany, 72
in Israel, 97
in the U.S., 83
in the Soviet Union, 78
Bleiberg, Robert, 93, 109
Blough, Roger, 141
Brazil, 62–63
Bretton Woods, 105
Brittan, Samuel, 29, 73, 78, 110, 115, 144
Bruce-Briggs, B., 88
Burtle, James, 104
Cagan, Phillip, 122, 132, 141–142
Callaghan, James, 115–116
Canada, 37, 81–82, 117–118, 148
Maximum Price Regulations, 81
Quebec, 37, 38
unions, 148
World War II, 81–83
Carney, T. F., 16
Carnegie Endowment for International Peace, 56
Carter, Jimmy, 111–113, 148–149, 169
Charlemagne, 29
Chen, Huan-chang, 13
China, ancient:
Ch’in dynasty, 13
Chou dynasty, 13
Hsieh, Yuan, 14
Shih, Yeh, 14
Civil Aeronautics Board, 134
Confucius, 13
Conlan, Don, 109
The Connecticut Courant, 150
Crane, Philip, 96, 109
Czechoslovakia, 56–57
Darby, Michael, 108
Denmark, 94
Derwinski, Edward J., 10
Diocletian, 20–26, 29, 155
Edict of, 20, 22, 24–25, 155
Dodd, Agnes, 50
economic effects of wage and price controls, 139–145
The Economist, 54
The Edinburgh Review, 54
Edwards, Chilperic, 153
Egypt:
ancient, 9–10, 20
Lagid dynasty, 10
modern, 99–100, 150
England, see Great Britain
Erhard, Ludwig, 74
Eucken, Walter, 73
Federal Reserve Bank of New York, 10
Finley, M. I., 16
Fisher, Antony, 10, 30
Fiske, John, 33
Food and Fuel Administration, 55
The Fortnightly Review, 53–54
France, 45–46, 88, 92–93
The French Revolution, 45
black market, 46
Committee of Public Safety, 45
Law of the Maximum, 45–47
Robespierre, 47
The Fraser Institute, 117
The Free Nation, 141
Friedman, Milton, 84–86, 107, 121, 124, 125, 129, 132, 150
Galbraith, John Kenneth, 111, 149
Gallup Poll, 111
Germany:
National Socialist Germany, 65–74
German Labor Front, 71
Goebbels, 67, 71
Goering, 73
Hitler, 65–68, 71
Nazi party, 65–66, 69–73
Office of Price Formation, 70
Price Stop, 70, 81
quality reductions, 72
Reich Price Commissioner, 69–70
Weimar Republic, 66–68
Great Inflation, 67
social democrats, 66
unions, 68
World War I, 57–58
World War II, 73–74
Gibbon, Edward, 25
Giersch, Herbert, 133
gold (prices), 103–105, 123
Gordon, J. P., 118
government:
and inflation, 124, 127–128
Grayson, C. J., 139–140, 142
Great Britain:
medieval to early modern:
Edward III, 30
Henry VIII, 30
Tudors, 30, 31
Tyler, Wat, 30
nineteenth century:
Corn Laws, 49
Cobden and Bright, 49
Manchester Chamber of Commerce, 49
Royal Commission on the Sugar Supply, 62
post World War II, 91–91, 114–116, 141–142, 144–145, 148
trade unions, 114, 116, 141–142
Trade Union Congress, 91–92, 116
World War I, 53–54, 56
World War II
Greece, ancient, 15–17, 40
Aristotle, 15
Athens, 15
sitonai, 16–17
Sitophy lakes, 15
Lysias, 16, 40
Xenophon,15
Gresham’s Law, 14, 21, 103–104
Hammurabi:
Code of, 11–12, 153
Hattersley, Roy, 115
Hayek, F. A., 84, 139
Heath, Edward, 114–115, 148
Hicks, John, 145
Holland, 94
Hunter, William, 33
indexation, 129, 133
India, ancient, 14–15
Kautilya, 14
interest rate, 123
International Air Transport Association, 134
Ireland, 50
Israel, 96–98
black market, 97
Italy, 65
Mussolini, 65
Japan, 62
Silk Stabilization and Indemnification Act, 62
Jefferson, Michael, 78
Jewkes, John, 9
Jones, Jenkin Lloyd, 10
Jouvenal, B. de, 88
Julian the Apostate, 25
Kent, Roland, 21–22, 24, 158
Knight, Frank, 86
Knight, Willys, 88
Korea, 95
Korean War, 124
Lacy, Mary, 9
Leemans, W. F., 12
Lekachman, Robert, 111
Lerner, Eugene, 50
Levy, Jean-Philippe, 10, 19, 20
Lilley, Peter, 29, 73, 78, 110, 115
Lipsey, Richard, G., 118
Litman, Simon, 30, 55
Meany, George, 109, 111, 113, 149
Menderhausen, Horst, 71
Middle Ages, 29
Black Death, 30
minimum wage laws, 135
Mises, Ludwig von, 58
Moore, Gov. A. B., 50
Nader, Ralph, 111, 149
The Nation, 54
Netherlands, The, 94
New Zealand, 61–62
Nixon, Richard, 108–111, 148
Occupational Safety and Health Act, 134
Office of Price Administration, 83, 111, 149
Okun, Arthur, 96
Paish, F. W., 87
Parma, Duke of, 33
Peel, Sir Robert, 50
Pennance, F. G., 87
Peron, Juan, 96
Phillips, A. W., 131–132
Phillips Curve, 131–132
Policy Review, 135
Price Fixing Committee, 56
Price Commission, 108
Phases One through Four, 108
Rent Controls, 85–89
Britain, 87
Rent Act (1965), 87
New York, 88
San Francisco, 85–86
Sweden, 86
Republican Study Committee, 134
Rolfe, Sidney, 104
Rome, ancient:
Republic, 19
Gracchus, 19
Law of the Twelve Tables, 19
Licinian law, 19
Empire, 19–26
Aurelius, Marcus, 19
Caesar, Julius, 19
Caracalla, 20
Commodus, 20
Nero, 19
Roosevelt, F. D., 83
Rostovtzeff, M., 25
Rowen, Hobart, 111, 149
Russia, see Soviet Union
Rydenfelt, Sven, 86
Samuel, Peter, 98
The Saturday Review, 53
Schiff, Eric, 92, 95
Schultz, George, 108
Shkurko, A. S., 77
silver (prices), 103–104
Smith, Adam, 49
The Spectator, 53
Soviet Union (Russia), 57
Bolsheviks, 57
The Soviet Union, 77–79
the black market, 78–79
Lenin, 77
New Economic Policy, 77
Stalin, 77–78
World War I, 57
steel industry, 122
Stein, Herbert, 111
Stigler, George, 85–86
Sumeria, 10
Urakagina of Lagash, 10–11
Sutch, William, 61
Symms, Steve, 109
Taylor, Henry J., 73
Taylor, K. W., 82–83
trade unions:
in Canada, 148
in Germany, 68, 71
in Great Britain, 114, 116, 141–142
in United States, 109, 111, 113, 149
Trudeau, Pierre, 117, 148
unemployment, 124, 128, 131–132, 144–145
United Kingdom, see Great Britain United Parcel Service, 134
United States of America:
pre-revolutionary, 38
Indians, 38–39
American Revolution, 39–42
Connecticut, 40
Continental Congress, 39–41
Massachusetts, 40
New England, 38
Pennsylvania, 41
Civil War, 49–52
Confederate States of America, 49–52
Richmond, Virginia, 51
World War I, 55–56
World War II, 83–84
black market, 83
contemporary, 107–114, 134, 148–149
anti-inflation policy, 111
Carter Administration, 111–113, 148–149, 169
Johnson Administration, 107
Kennedy Administration, 95
meat prices, 109–110
Nixon Administration, 108–111, 148
Postal Service, 134
Truman Administration, 95
U.S.S.R., see Soviet Union
Vietnam War, 124
Villiers, Charles, 49
Walker, Michael, 117
Wallace, Patrick, 118
War Industries Board, 55–56
The Washington Post, 111, 113
Williams, Walter E., 135
Washington, George, 41
Webster, Pelatiah, 39, 42, 151
Weedon, William, 38
Wiles, Peter, 78
World War I, 53–58, 82, 148
Czechoslovakia, 56–57
Germany, 57–58
Great Britain, 53–55
Russia, 57
U.S., 55–56
World War II, 81–84, 148
Canada, 81–83
Germany, 73–74
Great Britain, 91
Soviet Union, 78
U.S., 83–84
