ISBN10: 0891950257, ISBN13: 9780891950257, [publisher: The Heritage Foundation] Hardcover Hardcover with dust jacket showing some mild signs of wear to edges1/2 inch tear noted to top front corner. Yellow cover with black lettering to spine. Pages clean and bright. The co-authors of this book--which is both a history of government economic regulation and a history of inflation--have examined over 100 cases of wage and price controls spanning over 40 centuries in 30 countries on six continents. They conclude that while in some cases controls have succeeded in dealing with the effects of inflation for a short period, they have never been successful in the long run since they fail to face up to the real cause of inflation which is an increase in the quantity of money over and above an increase in productivity. This is a timely book and it should be read by everyone who is concerned about the fall in the value of their money.
[Lakewood, OH, U.S.A.] [Publication Year: 1979]