Wage and price controls? Not in peacetime, ever
A columnist argues wage and price controls fail, citing Bosworth and Fortune, warning they distort production and spur inflation. He cites historical lessons from Diocletian, Antwerp, Valley Forge, and suggests Australia’s open-book approach to productivity as a model for the U.S. to curb inflation without controlling wages.
MENTIONED IN THIS ARTICLE
Barry Bosworth
Jimmy Carter
Congress
Robert Schuettinger
The
Heritage Foundation
Egypt
Diocletian
Antwerp
Valley Forge
Washington
John Adams
John Jennings
Jennings
Australia
Frazer
National Bank of Australia
Frank R. Myers Publisher General Manager
Short biographical notice announces Frank R. Myers serving as Publisher General Manager as of Thursday August 3. The item notes Myers is a veteran newspaper official with extensive leadership duties and industry experience.
MENTIONED IN THIS ARTICLE
Frank R. Myers
Bourne scandal adds to Carter White House woes
The Bourne episode compounds Carter administration trouble as Dr Peter G Bourne and his wife, key Georgia insiders, resign after a phony prescription scandal. Bert Lance and Hamilton Jordan had earlier scandals, with Andrew Young and staff conduct dragging on. The piece argues such woes mirror past Washington patterns and threaten public faith.
MENTIONED IN THIS ARTICLE
Peter G. Bourne
Carter
Bourne
Action
Federal Voluntary Service Agency
Georgia
White House
Washington
Bert Lance
Hamilton Jordan
U.N
Andrew Young
Reading list for 17 year olds summer
A parent's note on guiding a seventeen year old through summer. The article lists novels and works such as Pride and Prejudice, Huckleberry Finn, Portnoy's Complaint, Catch-22, Catcher in the Rye, Dubliners, The World According to Garp, My Kinsman, Maj. Molineux, and a two volume history of the American Revolution as engaging options. It suggests choosing a reader to present the books and ends with encouragement for a productive, enjoyable summer.
MENTIONED IN THIS ARTICLE
Washington
Jane Austen
Mark Twain
Charles Page Smith
Portnoy
Philip Roth
J.D. Salinger
James Joyce
Joseph Heller
John Irving
Hawthorne
Maj. Molineux
Galbraith stirs fury over Proposition 13 waste critique
Copley News Service, John Pinkerman notes proponents fear nationwide Prop 13 expansion and fraud patrols. He argues Galbraith misreads public mood, defends welfare while warning against waste in HEW, Medicare and aid programs. He cites Goldwater Jr and Michel on government excesses and calls out misused funds and salaries.
MENTIONED IN THIS ARTICLE
California
John Kenneth Galbraith
Harvard
Galbraith
Department of Health, Education and Welfare
American Federation of State
U.S
Barry Goldwater Jr
Joe Califano
HEW
Robert H. Michel
R-Iil
Inspector General
Michel
Califano
Michel Rebuffs Fear After Mugging Near Capitol
Washington Rep Bob Michel 53 was robbed and beaten in an alley behind his southeast residence near the Capitol. He spent time at Bethesda Naval Hospital, returned to work, and defended staying in his neighborhood while weighing safety and gun rights. He reflected on warning, self defense, and not fearing crime.
MENTIONED IN THIS ARTICLE
Washington
Bob Michel
Michel
Peoria Republican
Capitol
Bethesda Naval Hospital
Middletown Journal Subscription Rates and Details
The Journal published daily by News Journal Inc lists rates for newsstand copies and home delivery. It outlines prices for daily and Sunday editions, motor route delivery, and mail subscriptions, with payments due in advance.
MENTIONED IN THIS ARTICLE
The
News Journal, Inc
S. Broad
First Ave
Middletown
Ohio
U.S.A
USA
Also Mentioned on This Page
Fortune Magazine
Bosworth
Nixon
Continental Congress
Ormula
Fun City
New York City
W. A. Siebenthaler Sr
Elwood Richardson Business Manager
Paul J. Day
Jim Mills
Tom Braden
Navy
John Pinkerman
Mr. Galbraith
Copley News Service
Samuel Beer
J.K. Galbraith
Robert Estill
the Journal
Dennis the Menace
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