prices and incomes policy การใช้

• He was among the first to consider the potential for prices and incomes policies to counter wage and price inflation.
• However, rising unemployment in 1972 caused Heath to reflate the economy, attempting to control the resulting high inflation by a prices and incomes policy.
• As well, his involvement in macroeconomic policy advising took him, with Hall, into the long and disturbed development of proposals for prices and incomes policies.
• Appointed Head of Prices Division at the time of the inflationary surge, with responsibility for devising and operating the price and dividend controls associated with prices and incomes policy.
• Unlike the old largely redundant prices and incomes policies of the past it is now possible to allow for a stunning amount of price-flexibility making it largely acceptable for businesses.
• In January 1973 Bell and Powell were opponents of Heath's Counter-Inflation Bill, with Bell arguing that prices and incomes policies were incompatible with the British way of life and were not Conservative measures.
• In 1965 he was appointed to the " Royal Commission on Trade Unions and prices and incomes policy, but the intractable circumstances of labour relations in Britain meant that this initiative remained a " damp squib ".
• The pound continued to be under pressure in 1965 and Brown struggled over a 12-hour meeting at the Trades Union Congress to persuade the unions to accept a tougher prices and incomes policy, to which he was personally opposed.
• One of the principles of the government's prices and incomes policy was that low-paid workers would be given special consideration, and between 1965 and 1969 the earnings of the lowest paid workers increased slightly faster than the average ( the increase in inflation in 1969 70 caused by devaluation, however, led to a deterioration in the position of low-paid workers ).
• Andrew Roth's " Parliamentary Profiles " ( 1987 1991 ) describes him as " Widely respected, well-connected, principled Rightwing, monetarist City gent; a hard-headed long term thinker; a devout believer in sanctity of tight money " and as saying " I was not only one of the first in this house to be a monetarist . . . I confidently expect to be about the last . " Ahead of the high inflation of the mid-1970s, he attacked ( with some prescience ) the Bank of England in 1970 for insufficient monetary restraint and ( while Chairman of the Finance Committee ) both publicly opposed Chancellor Anthony Barber's over-expansion of monetary supply in April 1971 and attacked the Heath Government's " absurd " proposals for a statutory prices and incomes policy.