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Price Control
(redirected from Incomes policy)

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.01 sec.
Price Control
A government regulation limiting the percentage (or, rarely, dollar amount) by which a price for a good or service can change over a given period of time. Price controls have been used to combat inflation, though they are rarely successful. Price controls may also be utilized to protect a favored industry, and are used most commonly to provide a minimum price for agricultural products. See also: Wage control, Price ceiling, Price floor.


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But he lived just round the corner from me, so you could bet he would have fallen outside any restraints of a G20 executive incomes policy.
The ILO calls for a return to co-ordinated pay bargaining, the creation of social pacts between unions and employers, as well as the encouragement of profit sharing or "some form of tax-based incomes policy if there are no better alter natives".
We are all tarred with the same brush since the dodgy but workable prices and incomes policy where prices and salaries were controlled by a Labour Government, the introduction of which was removed by the Tory Thatcher Government along with the carve-up of the railway network.
 
 
 
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