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| Author: | Kessler, S. |
| Title: | Incomes policy |
| Journal: | British Journal of Industrial Relations
1994 : JUN, VOL. 32:2, p. 181-199 |
| Index terms: | INCOMES POLICY EMPLOYMENT EUROPE |
| Language: | eng |
| Abstract: | What relevance could incomes policy have today? After more than a decade and a half of monetarism and free market economics, which has led to persistent high unemployment and two major recessions, it is time to query whether the conventional view that developed over incomes policy is fair and whether there are any relevant lessons to be learnt. This article accordingly seeks, first, to define incomes policy; second, to consider the arguments for and against incomes policy; third, to look at the record of incomes policy in Great Britain in the postwar period; and finally, to consider if incomes policy has any relevance for the present and the future. |
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