Backhouse, Roger E.; Forder, James - In: HISTORY OF ECONOMIC THOUGHT AND POLICY 2013/1 (2013) 1, pp. 17-35
Prices and incomes policies, aimed at directly controlling the rate of growth of prices, wages and profits, were a central element in British macroeconomic policy making from the Second World War until 1979. This paper revisits the operation of such policies and the rationales offered during...