Planning and the Price Mechanism: The Liberal-socialist Solution

achieved agreement balance of payments bargaining capital development capital levy cent Chapter commodity competitive consumers consumption course currency death duties deficit countries deflation direct controls discriminate distribution of income dollar domestic Draft Trade Charter earnings economic effect efficiency ensure essential excess exchange depreciation exports factor of production favour food subsidies foodstuffs foreign import restrictions incentive income and property income tax increase industry inequalities inflation inflationary pressure International Monetary Fund International Trade Organization labour less licences liquid capital Lloyds Bank markets measures ment millions monetary demand monetary purchasing power money wage-rates monopolistic monopoly National Debt National Expenditure necessary obtain output particular possible present price mechanism pricing system principles problem production profit protectionism raise rate of interest rates of taxation reasons reduce result rise saving scheme social steel sterling supplies surplus countries tax and sur-tax technical tion Trade Unions unemployment United Kingdom wage workers