Forty Centuries of Wage and Price Controls: How Not to Fight Inflation, Paperback - WRAPUP

Forty Centuries of Wage and Price Controls: How Not to Fight Inflation is a groundbreaking book that examines the history of wage and price controls throughout the ages. The author, Robert L. Schuettinger, takes the reader on a journey through 40 centuries of government intervention in the economy, highlighting the failures and unintended consequences of such policies.

From ancient Rome to modern-day America, Schuettinger demonstrates how attempts to control wages and prices have consistently led to economic distortions, shortages, and social unrest. Drawing on historical examples and economic theory, the book argues that government intervention in the economy is not only ineffective in combating inflation but can actually exacerbate it.

With an engaging writing style and thorough research, Forty Centuries of Wage and Price Controls offers valuable insights into the dangers of government intervention in the economy. This paperback edition is a must-read for anyone interested in understanding the history of wage and price controls and their implications for modern economic policy.