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Lessons From Past Economic Controls Trends Compared Wars
The piece reviews wartime price and wage controls in World War I, World War II, and the Korean War, noting inflation spikes, wage hikes, and the political economy of maintaining or ending controls. It discusses the Nixon administration’s proposed wage and price actions, the need for careful planning beyond November, and the roles of labor and bureaucratic agencies in managing inequities and inflation risks.
MENTIONED IN THIS ARTICLE
Lee
Lance
Prinklin D. Rooeveles
Ontmb
Mary Tropuur
Noweybar
U.S
Dex
Dwight DB
Esenhower
Senate House Economic Committee
Nixon
Coorg
Bross
Taylor
Lahore
Nixor
Ordors
Tahoe
Paul Partoy
Prive
Michael 4
Bisalle
OFS
Kik el Sallo
Borter