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Incomes Policies: How to Not Control Inflation and Get Everyone Mad

In: Full Employment without Inflation

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  • Tim Hazledine

Abstract

The idea of supplementing macroeconomic monetary and fiscal policies with some more specific anti-inflation instrument is certainly not new. Frustrated by the failure of orthodox policies, and stirred by the politician’s natural activist impulse to ‘do something’ about a problem, British governments of both parties attempted some sort of direct anti-inflation policy about once every six years in the post-war period up to the mid-1970s.1

Suggested Citation

  • Tim Hazledine, 1984. "Incomes Policies: How to Not Control Inflation and Get Everyone Mad," Palgrave Macmillan Books, in: Full Employment without Inflation, chapter 15, pages 125-134, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-17697-7_15
    DOI: 10.1007/978-1-349-17697-7_15
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