Free Market
Author:
Clifford F. Thies
Online Publish Date:
The Free Market 18, no. 3 (March 2000) America’ s first wage and price controls were enacted in Massachusetts, a little more than a hundred years after the first pilgrims arrived. The opportunities available in the New World combined with a strong work ethic were raising the wages of working men, to the consternation of their employers. In 1630,