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Three talks by † Andrew Shonfield
Director of Studies Royal Institute of International Affairs
3: Planning and Incomes Policy
As a short-term instrument for regulating the economy the prices and incomes policy has so far been something less than a success, argues Mr. Shonfield. On the other hand, he says it is potentially one of the most powerful instruments of long-term policy for regulating the relationship between the State and private industry in a planned economy.
In this talk he suggests that the Labour Government is now faced with some sharp choices about the way in which it henceforth uses this and the other tools of planning.
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