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Forty Centuries of Wage and Price Controls: How Not Fight Inflation
by Robert Lindsay Schuettinger
from Heritage Foundation
Customer Reviews:
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Avg. Customer Rating: 4.0 / 5.0 
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Exellent history and pretty good sermon
This is a history of wage and price controls, and a sermon against them.
The history portion covers antiquity to modern times, in Asia, Africa, Europe,
and the Americas, in democracies, monarchys, and dictatorships of the left and
right, from gentle, moral persuassion through "jawboning" to long prison
sentences and long lists of death sentences.
They claim controls have never worked, always cause additional social damage,
such as shortages and crime, and often make... more info
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Historical Survey of Price Controls
Economy theory suggests that price ceilings produce shortages and price floors produce surpluses. Good theories should have testable results. This book describes examples in history where the government initiated price controls. It then shows the ill effects such controls caused. The most insightful criticism comes from perceptive contemporary sources who cite the source of their misery. Examples from ancient Eqypt, Hammurabi's Babylon, ancient Greece, French and American revolution, Civil War, World War I... more info
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