public agencies and private institutions

"The 1971-1974 Controls Program and the Price Level: An Econometric Post-Mortem."
National Bureau of Economic Research, Inc., 1050 Massachusetts Ave., Cam- bridge, Mass. 02138. 37 pp. Authors: Alan S. Blinder and William J. Newton
If the "New Economic Policy" fol-lowed the Nixon administration from 1971 to 1974 is any indication, mandatory wage-price controls alone cannot significantly curb inflation, say Princeton economists Blinder a...