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Idea Of Controls Falls On Hard Times
Washington insurers and economists debate why Nixon wage price controls failed to curb inflation. A broad panel cites factors from partial coverage, world market pressures, to administrative bungling and consumer impact such as chick drownings and beef shortages amid rising food prices.
MENTIONED IN THIS ARTICLE
Bill Neikirk
Associated Press
Washington (Ap
Nixon
Jackson Grayson Jr
Price Commission
George Perry
Brookings Institution
Edgar Fielder
Treasury Department
Marvin Kosters
Cost of Living Council
Walter Heller
Council of Economic Advisers
John F. Kennedy
Heller
United States
Grayson
Congress