“The [pay] policy is principally designed to hold down wages rather than to check inflation. Inflation is being used as an excuse to destroy free trade union bargaining.”
Speech in the House of Commons (7 November 1973) http://hansard.millbanksystems.com/commons/1973/nov/07/price-and-pay-code <br class="br">1970s
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Tony Benn69
British Labour Party politician 1925–2014Related quotes
“Inflation, being a fraudulent invasion of property, could not take place on the free market.”
Murray N. Rothbard book What Has Government Done to Our Money?
What Has Government Done to Our Money? (1980)
Norman Lamont (1942) British politician
Hansard, HC 6Ser vol 191 col 413 (16 May 1991) http://www.publications.parliament.uk/pa/cm199091/cmhansrd/1991-05-16/Orals-1.html.
Lawrence Klein (1920–2013) American economist
"Keynsianism Again: Interview with Lawrence Klein", Challenge (May-June 2001)
Robert Lucas Jr. (1937) American economist
"After Keynesian macroeconomics" 1978
Paul Krugman (1953) American economist
"Who Was Milton Friedman?", The New York Review of Books (February 15, 2007)
The New York Review of Books articles
Thomas J. Sargent (1943) American economist
Thomas J. Sargent, "The Ends of Four Big Inflations" (1981).
George Selgin (1957) economist
In Defense of Monetarism (2008)
Roy Jenkins (1920–2003) British politician, historian and writer
Hugh Anderson Memorial lecture at the Cambridge Union (28 February 1975), quoted in The Times (1 March 1975), p. 2
1970s