Drastic Measures

Discover the fascinating history of America's wage and price controls in Drastic Measures by Hugh Rockoff, published by Cambridge University Press in 2004. This insightful book spans 304 pages and delves into the intricate effects of these controls from colonial times through the 1970s. Rockoff expertly examines how wage and price regulations influenced productivity, led to the emergence of black markets, and expanded government reach. Additionally, the book explores the complex relationship between these controls and monetary policy, providing readers with a comprehensive understanding of this critical aspect of economic history. Perfect for those interested in Business & Economics, Labor & Industrial Relations, and U.S. history, Drastic Measures is an essential read for anyone looking to grasp the implications of economic policies on society.