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Excerpt from Should Maximum Prices Be Fixed?
They took from the farmer all his oats and half his barley; they took from him, theoretically, or could take from him all his wheat and rye, except certain portions left with him for his own family. But the relative prices tempted the farmer to sell barley as such and to feed the wheat and rye to his live stock. The farmer was requisitioned for half his barley and the other half of his barley left to him to do with as he pleased. He sold it and then turned around and fed wheat and rye to his stock instead of barley. The Government has each year dis covered a difference of or more tons of rye and wheat between the crop estimate and what they finally secured. In theory they confiscated those grains; in practice they could not. They did not have anyone to send to the farmer for the grain.
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- PublisherForgotten Books
- Publication date2020
- ISBN 10 1333343728
- ISBN 13 9781333343729
- BindingPaperback
- LanguageEnglish
- Number of pages40
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Should Maximum Prices Be Fixed? (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
Seller rating 5 out of 5 stars
Paperback. Condition: New. Print on Demand. This book analyzes the complexities of price regulation by governments in an effort to curb inflation during wartime. The author details how governments' attempts to combat inflation have often paradoxically worsened conditions for the poor and marginalized through harmful effects on supply and demand. Providing numerous historical examples, the author demonstrates how price-fixing policies interfere with essential organizational functions of the price system such as organizing production, promoting an equitable distribution of goods over time, and guiding economic activity towards areas of greatest need. Ultimately, the book emphasizes the crucial role of free markets in navigating economic challenges and how governments should prioritize enabling market forces, rather than manipulating prices, to effectively manage inflation and address the needs of the people. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781333343729_0
Quantity: Over 20 available
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Should Maximum Prices Be Fixed Classic Reprint
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781333343729
Quantity: 15 available
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Should Maximum Prices Be Fixed Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781333343729
Quantity: 15 available