Price Fixing in the United States During the War, Vol. 34 (Classic Reprint)
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| Partner: | buecher.de |
| Hersteller: | Forgotten Books (Haney, Lewis H.) |
| Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from Price Fixing in the United States During the War, Vol. 34 In discussing price fixing it is necessary to define the subject, since there are various methods of controlling prices, some of them far removed from the popular notion of what is involved in the operation. As used in this and a subsequent article, the term "price fixing" includes any regulation of price effected directly or indirectly by government agency. More specifically, the discussion will be confined to the control of prices in which some agency of the government having power to enforce its decision, determines, or sanctions the determination of, a price by some process other than that of free bargain between buyer and seller. This definition is intended to cover both price agreements made between buyer and seller with the sanction of a government agency and prices established by some branch of government for its own requirements. In the latter case the arrangement would commonly be in the nature of an ordinary contract between buyer and seller; but when the purchase is made with a threat to commandeer, and the price is named by the branch of government directly or indirectly concerned, that price may be said to be fixed. Such a definition gives a broad scope to the field of the inquiry. It will be admitted by all who are conversant with the facts that the whole history of price fixing in the United States during the period of the war will never be known. The price-fixing agencies were in fact so numerous, and the arrangements made were so often informal, that an exhaustive treatment of the subject would be well-nigh impossible. Moreover, many prices were controlled indirectly, and when this control was to any degree intentional, the result may be properly termed a fixed price. Nevertheless, material is available for a study of a great part of the price-fixing activities of the government, and even where such is not the case, the writers first-hand knowledge enables him to speak with some authority concerning methods and results. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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