TITLE

England Closes the Gap

AUTHOR(S)
Dale, Ernest
PUB. DATE
March 1942
SOURCE
New Republic;3/16/42, Vol. 106 Issue 11, p357
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Focuses on steps taken by England to bridge the inflationary gap. Attempt to remove the excess of expanding civilian demand over declining civilian supplies; Historical period in which civilian supplies were cut by a gradual introduction of rationing and lower imports; Proposal of economist Michal Kalecki to ration expenditure to the value of supplies in order to make essentials of life available.
ACCESSION #
14694717

 

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