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Wage Price Control

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BUSINESS
February 11, 1991 | George White, Times staff writer
The Chinese Communist Party, in a recently released major policy statement, said it will gradually eliminate controls on most prices and adopt other market-oriented reforms. But it said it would oppose the kind of broad economic restructuring that would place China on a path to capitalism. The party document calls for less use of Soviet-style central planning and increasing reliance on markets.
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CALIFORNIA | LOCAL
November 26, 2010 | By Elaine Woo, Los Angeles Times
David F. Nolan, whose disgruntlement with conventional politics ? especially President Nixon's imposition of wage and price controls in 1971 ? drove him to launch the Libertarian Party with a small group of friends, has died. He was 66. Nolan apparently was stricken while driving his car Saturday night in Tucson and was taken to a hospital, where he died Sunday, Libertarian Party Chairman Mark Hinkle said. The cause of death has not been determined. Nolan also was known for his invention of the Nolan Chart, a visual representation of political ideologies that classifies people according to their attitudes on personal and economic freedom, two of the principles Libertarians hold dear.
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BUSINESS
May 21, 1995 | GRAEF CRYSTAL, SPECIAL TO THE TIMES; GRAEF CRYSTAL, editor of the Crystal Report and adjunct professor of organizational behavior and industrial relations at UC Berkeley's Haas School of Business, is a regular contributor to Sunday Business
Early in his Administration, President Clinton announced with great fanfare his plan for curbing excessive executive pay. He told the American public that the government would no longer subsidize pay packages above $1 million a year and that if a company persisted in paying above that level, it would lose its corporate tax deduction on the excess.
BUSINESS
May 21, 1995 | GRAEF CRYSTAL, SPECIAL TO THE TIMES; GRAEF CRYSTAL, editor of the Crystal Report and adjunct professor of organizational behavior and industrial relations at UC Berkeley's Haas School of Business, is a regular contributor to Sunday Business
Early in his Administration, President Clinton announced with great fanfare his plan for curbing excessive executive pay. He told the American public that the government would no longer subsidize pay packages above $1 million a year and that if a company persisted in paying above that level, it would lose its corporate tax deduction on the excess.
BUSINESS
May 28, 1990 | Associated Press
The government, business and labor have agreed to a renewal in August of the wage and price controls credited with reducing inflation, it was reported Sunday. The Economic Growth and Stability Pact, which went into effect Feb. 29, 1988, has been extended several times. The August renewal will be the last, however, the reports said. Next year controls will be lifted, they said. The government launched the controls to curb inflation that reached a record 159.2% in 1987.
NEWS
January 26, 1985 | DAN FISHER, Times Staff Writer
Israel hopes that a comprehensive new wage and price control agreement signed late Thursday night will bolster its case for a sharp increase in American aid over the next 20 months, a senior economic official said Friday. The official, who spoke on condition that he not be further identified, said neither the new agreement, designed to slash $1.2 billion in price subsidies from the government budget, nor other planned austerity measures will be enough to put the economy back on its feet.
NEWS
January 4, 1995 | MARK FINEMAN and JUANITA DARLING, TIMES STAFF WRITERS
President Ernesto Zedillo on Tuesday unveiled an emergency austerity plan packed with sacrifices for all Mexicans in an effort to overcome the nation's worst economic crisis in more than a decade. He was able to announce the new program only after wresting key concessions from business, labor and other groups that will hold down prices and wages despite a recent, crushing devaluation of the peso.
NEWS
May 25, 1993 | EDWIN CHEN, TIMES STAFF WRITER
As a part of national health care reform, President Clinton next month will propose creating a permanent regulatory agency with broad powers to set levels of coverage, establish guidelines for doctors and hospitals and monitor spending, Administration sources said Monday. Under the proposal, being evaluated by an independent group of attorneys, the agency would have power to alter the elements of the standard package of benefits expected to be provided under the new health care plan.
CALIFORNIA | LOCAL
November 26, 2010 | By Elaine Woo, Los Angeles Times
David F. Nolan, whose disgruntlement with conventional politics ? especially President Nixon's imposition of wage and price controls in 1971 ? drove him to launch the Libertarian Party with a small group of friends, has died. He was 66. Nolan apparently was stricken while driving his car Saturday night in Tucson and was taken to a hospital, where he died Sunday, Libertarian Party Chairman Mark Hinkle said. The cause of death has not been determined. Nolan also was known for his invention of the Nolan Chart, a visual representation of political ideologies that classifies people according to their attitudes on personal and economic freedom, two of the principles Libertarians hold dear.
BUSINESS
January 28, 1985 | Associated Press
The Cabinet on Sunday unanimously approved a $23-billion budget for 1985-86, a cut of nearly $2 billion from last year's actual spending, Cabinet Secretary Yossi Beilin announced. He said the Cabinet also approved a "national agreement for the stabilization of the economy"--a wage and price control pact reached Thursday by the government, unions and industrialists to help bring down Israel's raging inflation. Despite a sharp fall in the monthly inflation rate to 3.
NEWS
January 4, 1995 | MARK FINEMAN and JUANITA DARLING, TIMES STAFF WRITERS
President Ernesto Zedillo on Tuesday unveiled an emergency austerity plan packed with sacrifices for all Mexicans in an effort to overcome the nation's worst economic crisis in more than a decade. He was able to announce the new program only after wresting key concessions from business, labor and other groups that will hold down prices and wages despite a recent, crushing devaluation of the peso.
NEWS
May 25, 1993 | EDWIN CHEN, TIMES STAFF WRITER
As a part of national health care reform, President Clinton next month will propose creating a permanent regulatory agency with broad powers to set levels of coverage, establish guidelines for doctors and hospitals and monitor spending, Administration sources said Monday. Under the proposal, being evaluated by an independent group of attorneys, the agency would have power to alter the elements of the standard package of benefits expected to be provided under the new health care plan.
BUSINESS
February 11, 1991 | George White, Times staff writer
The Chinese Communist Party, in a recently released major policy statement, said it will gradually eliminate controls on most prices and adopt other market-oriented reforms. But it said it would oppose the kind of broad economic restructuring that would place China on a path to capitalism. The party document calls for less use of Soviet-style central planning and increasing reliance on markets.
BUSINESS
May 28, 1990 | Associated Press
The government, business and labor have agreed to a renewal in August of the wage and price controls credited with reducing inflation, it was reported Sunday. The Economic Growth and Stability Pact, which went into effect Feb. 29, 1988, has been extended several times. The August renewal will be the last, however, the reports said. Next year controls will be lifted, they said. The government launched the controls to curb inflation that reached a record 159.2% in 1987.
NEWS
January 26, 1985 | DAN FISHER, Times Staff Writer
Israel hopes that a comprehensive new wage and price control agreement signed late Thursday night will bolster its case for a sharp increase in American aid over the next 20 months, a senior economic official said Friday. The official, who spoke on condition that he not be further identified, said neither the new agreement, designed to slash $1.2 billion in price subsidies from the government budget, nor other planned austerity measures will be enough to put the economy back on its feet.
BUSINESS
July 2, 1988 | DAN WILLIAMS, Times Staff Writer
Amid indications that a vaunted anti-inflation program is running into problems, Mexico's finance minister has announced that the government will seek to reduce its foreign debt by $10 billion in the next five months. The announcement followed weeks of preliminary talks among Mexican officials, foreign bankers and U.S. government officials about ways to ease Mexico's debt burden of $107 billion.
BUSINESS
January 22, 1985 | DAN FISHER, Times Staff Writer
The Israeli government is scrambling to negotiate a new wage and price control agreement with the country's manufacturers and trade unions amid growing evidence that distortions introduced into the economy by a similar pact three months ago threaten chaos in the marketplace. A so-called package deal signed by government, industry and labor in November is scheduled to expire Feb.
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