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Apr 12, 2018 - Newsweek column from March 21, 1949, and reprinted in Business Tides: The Newsweek Era of Henry Hazlitt. Travs del tiempo con relacin al control de precios y salarios, adems de los ejemplos histricos y de las propuestas econmicas vlidas tan hbilmente desarrolladas en esta obra, pareceran ser factores ms que suficientes para convencer al pblico y a los funcionarios del gobierno de que dicho control de precios y salarios sencillamente no funciona.
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Preview — Forty Centuries Of Wage And Price Controls by Robert L. Schuettinger
By special arrangement with the authors, the Mises Institute is thrilled to bring back this popular guide to ridiculous economic policy from the ancient world to modern times. This outstanding history illustrates the utter futility of fighting the market process through legislation. It always uses despotic measures to yield socially catastrophic results.
It covers the ancie...more
It covers the ancie...more
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Oct 24, 2016Todd rated it really liked it · review of another edition
Although it has its flaws, it ought to be required reading in this era of 'free stuff.' Schuettinger's historical chapters show both the failures of controls where and when attempted, as well as success stories from their collapse or repeal. While a good portion of the book draws from such historical examples, it is definitely a take from the discipline of economics vice history. The author mainly draws from secondary sources, which suits his purpose fine. Where he does venture into primary sour...more
Jan 02, 2014Sean Rosenthal rated it really liked it · review of another edition
Interesting Quotes:
'Egyptian workers during [the third century BC] suffered badly from the abuses of the state intervention of the economy, especially from the 'bronze law,' an economic theory which maintained that wages could never go above the bare necessities for keeping workers alive. The controls on wages set by the government reflected the prevailing economic doctrine.'
-Robert Schuettinger & Eamonn Butler, Forty Centuries of Wage and Price Controls: How Not to Fight Inflation
Egypt had...more
'Egyptian workers during [the third century BC] suffered badly from the abuses of the state intervention of the economy, especially from the 'bronze law,' an economic theory which maintained that wages could never go above the bare necessities for keeping workers alive. The controls on wages set by the government reflected the prevailing economic doctrine.'
-Robert Schuettinger & Eamonn Butler, Forty Centuries of Wage and Price Controls: How Not to Fight Inflation
Egypt had...more
Aug 02, 2015JoséMaría BlancoWhite rated it liked it · review of another edition
Economics taught through history. A lesson no country is interested in learning. There must be a reason, a very powerful reason, why countries with so diverse types of government spanning from totalitarian to democratic have always and everywhere refused to accommodate to economic reality, preferring instead to accommodate -manipulate- economics into their utopian desires.This, rather philosophical aspect of the issue, is what interests me most. The book, though, does not delve into the philosop...more
This is just a very amazing book. This book contains a very detailed analysis of both, past and relatively present, events which were dealt with the traditional price fixing, and its inevitable outcome: inflation.
If you live in a country where this kinds of controls are taking place, I would recommend you this book, so that you have an idea of the kind of the outcomes that are likely to take place. This book serves as well as a magnificent way to unmask populist whose idea of economics is to try...more
If you live in a country where this kinds of controls are taking place, I would recommend you this book, so that you have an idea of the kind of the outcomes that are likely to take place. This book serves as well as a magnificent way to unmask populist whose idea of economics is to try...more
I wish this was more widely read. The historic record is just so clear.
Apr 03, 2016Geir rated it liked it · review of another edition
Some excellent points made but the structure of the book was confusing and hard to follow.
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May 02, 2013
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Marcelo Gornstein rated it it was amazing
Jul 07, 2018
Jul 07, 2018
Juan Pena-Giraldi rated it it was amazing
Aug 17, 2016
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Sep 23, 2015
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