IDEAS home Printed from https://ideas.repec.org/a/bla/scotjp/v49y2002i1p39-60.html
   My bibliography  Save this article

Price Controls in War and Peace: A Marshallian Conclusion

Author

Listed:
  • Forrest Capie
  • Geoffrey Wood

Abstract

Price controls are a very old means of trying to contain inflation. In Britain they were used in the Second World War and again in the 1960s. On the first occasion they seemed to work quite well though there were other factors involved—notably rationing. The second episode was not successful. Rationing seems to have been crucial.

Suggested Citation

  • Forrest Capie & Geoffrey Wood, 2002. "Price Controls in War and Peace: A Marshallian Conclusion," Scottish Journal of Political Economy, Scottish Economic Society, vol. 49(1), pages 39-60, February.
    • Handle: RePEc:bla:scotjp:v:49:y:2002:i:1:p:39-60
    DOI: 10.1111/1467-9485.00220
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/1467-9485.00220
    Download Restriction: no
    File URL: https://libkey.io/10.1111/1467-9485.00220?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Oriol Sabaté & Sara Torregrosa-Hetland, 2024. "War inflation and taxation," UB School of Economics Working Papers 2024/463, University of Barcelona School of Economics.
    2. Geoffrey Wood, 2006. "364 Economists on Economic Policy," Econ Journal Watch, Econ Journal Watch, vol. 3(1), pages 137-147, January.
    3. Tetsuji Okazaki, 2022. "Controlling Funds Allocation for the War: The Experience of Japan in the Late 1930s," CIRJE F-Series CIRJE-F-1191, CIRJE, Faculty of Economics, University of Tokyo.
    4. Tetsuji OKAZAKI, 2022. "Controlling Funds Allocation for the War: The Experience of Japan in the Late 1930s," CIGS Working Paper Series 22-005E, The Canon Institute for Global Studies.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:scotjp:v:49:y:2002:i:1:p:39-60. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/sesssea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.