Prices and Social Policy

February 1941
New Republic;2/17/41, Vol. 104 Issue 7, p243
Focuses on increasing prices in the United States. Efforts to push resource production to the limits of present capacity; Increase in lumber prices due to construction of military camps; Impact of the progression of defense program on prices; Assertion that if wage rates are increased, prices will have to be raised to take care of the higher costs; Suggestion that prices should be kept down as much as possible, but the task of keeping them down should be left in the hands of business itself; Need for a policy to prevent individual prices from rising except where an increase is necessary.


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