184pp. Printed light card covers. 8vo. Covers soiled, some small folds, very light chipping to edges. Text block edges and page margins tanned. Internally neat, clean, bright and tight.
Examines over 100 cases of wage and price controls spanning over forty centuries in 30 countries on six continents which conclude that in some cases controls have succeeded in dealing with the effects of inflation for a short period but in the long run are ineffective against the real causes of inflation which is an increase in the quantity of money over and above the increase in productivity.
