Walter J Wessels Popular Books

Walter J Wessels Biography & Facts

Price controls are restrictions set in place and enforced by governments, on the prices that can be charged for goods and services in a market. The intent behind implementing such controls can stem from the desire to maintain affordability of goods even during shortages, and to slow inflation, or, alternatively, to ensure a minimum income for providers of certain goods or to try to achieve a living wage. There are two primary forms of price control: a price ceiling, the maximum price that can be charged; and a price floor, the minimum price that can be charged. A well-known example of a price ceiling is rent control, which limits the increases that a landlord is permitted by government to charge for rent. A widely used price floor is minimum wage (wages are the price of labor). Historically, price controls have often been imposed as part of a larger incomes policy package also employing wage controls and other regulatory elements. Although price controls are routinely used by governments, Western economists generally agree that consumer price controls do not accomplish what they intend to in market economies, and many economists instead recommend such controls should be avoided. However, since the credibility revolution starting in the 1990s, minimum wages have found strong support among some economists. History The Roman Emperor Diocletian tried to set maximum prices for all commodities in the late 3rd century AD but with little success. In the early 14th century, the Delhi Sultanate ruler Alauddin Khalji instituted several market reforms, which included price-fixing for a wide range of goods, including grains, cloth, slaves and animals. However, a few months after his death, these measures were revoked by his son Qutbuddin Mubarak Shah. During the French Revolution, the Law of the Maximum set price limits on the sale of food and other staples. Governments in planned economies typically control prices on most or all goods but have not sustained high economic performance and have been almost entirely replaced by mixed economies. Price controls have also been used in modern times in less-planned economies, such as rent control. During World War I, the United States Food Administration enforced price controls on food. Price controls were also imposed in the US and Nazi Germany during World War II. Postwar Wage controls have been tried in many countries to reduce inflation, seldom successfully. Modern neoclassical economic theory supports the alternative remedy of reducing the money supply and proposes that monetary inflation is caused by too much money creation by the central bank. United Kingdom The National Board for Prices and Incomes was created by the government of Harold Wilson in 1965 in an attempt to solve the problem of inflation in the British economy by managing wages and prices. The Prices and Incomes Act 1966 c. 33 affected UK labour law, regarding wage levels and price policies. It allowed the government to begin a process to scrutinise rising levels of wages (then around 8% per year) by initiating reports and inquiries and ultimately giving orders for a standstill. The objective was to control inflation. It proved unpopular after the 1960s. United States In the United States, price controls have been enacted several times. The first time price controls were enacted nationally was in 1906 as a part of the Hepburn Act. In World War I the War Industries Board was established to set priorities, fix prices, and standardize products to support the war efforts of the United States. During the 1930s, the National Industrial Recovery Act (NIRA) created the National Recovery Administration, that set prices and created codes of "fair practices". In May 1935, the Supreme Court held that the mandatory codes section of NIRA were unconstitutional, in the court case of Schechter Poultry Corp. v. United States. In 1971, President Richard Nixon issued Executive Order 11615 (pursuant to the Economic Stabilization Act of 1970), imposing a 90-day freeze on wages and prices. The constitutionality of this action was challenged and upheld in the case of Amalgamated Meat Cutters v. ConnallyThe individual states have sometimes chosen to implement their own control policies. In the 1860s, several midwestern states of the United States, namely Minnesota, Iowa, Wisconsin, and Illinois, enacted a series of laws called the Granger Laws, primarily to regulate rising fare prices of railroad and grain elevator companies. The state of Hawaii briefly introduced a cap on the wholesale price of gasoline (the Gas Cap Law) in an effort to fight "price gouging" in that state in 2005. Because it was widely seen as too soft and ineffective, it was repealed shortly thereafter.Venezuela According to Girish Gupta from The Guardian, price controls have created a scarcity of basic goods and made black markets flourish under President Maduro. India In India, the government first enacted price control in 2013 for the Drug Price Control Order (DPCO). This order gave local regulatory body, and the Pharmaceutical Pricing Authority the power to set ceiling prices on the National List of Essential medicines. Sri Lanka In Sri Lanka, the Consumer Affairs Authority has the power to set the Maximum Retail Price (MRP) for goods specified by the government as essential commodities. In 2021 the Sri Lankan government enacted price controls on several essential items resulting in shortages. Price floor A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, good, commodity, or service. A price floor must be higher than the equilibrium price in order to be effective. The equilibrium price, commonly called the "market price", is the price where economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change, often described as the point at which quantity demanded and quantity supplied are equal (in a perfectly competitive market). Governments use price floors to keep certain prices from going too low. Two common price floors are minimum wage laws and supply management in Canadian agriculture. Other price floors include regulated US airfares prior to 1978 and minimum price per-drink laws for alcohol.Since the credibility revolution starting in the 1990s, minimum wages have often found strong support among economists.Advantages of a price floor are: May motivate producers to produce more. May prevent the fluctuation of prices of agricultural products. May reduce the over-exploitation of producers. May reduce poverty and increase productivity among employees (in minimum wages)Disadvantages of a price floor are: Supply may exceed demand. Resources may be wasted. The government may be forced to buy the excess supply or it may be discarded (e.g., in an agricultural context).Price ceiling A related government intervention to price floor, which is also a price c.... Discover the Walter J Wessels popular books. Find the top 100 most popular Walter J Wessels books.

Best Seller Walter J Wessels Books of 2024

  • Whiskey Girl synopsis, comments

    Whiskey Girl

    Melissa Belle

    They'll do anything for each other…except commit. Logan Wild isn’t just the hottest broncriding cowboy in Texas. He’s also my best friendwith benefits. And that’s all we’ll ev...

  • The Honeymoon Homicide synopsis, comments

    The Honeymoon Homicide

    J. R. Mathis & Susan Mathis

    Enjoy this SmallTown Murder Mystery Featuring A Unique Sleuthing Couple I'm Father Tom Greer, a Catholic Priest in a smalltown parish who never expected this . . . When I came...

  • Eternal synopsis, comments

    Eternal

    W.J. May

    She will fight for what is hers. When the king is murdered, Katerina, his only daughter, must flee for her life. She finds herself on a strange and dangerous path. Alone for the fi...

  • His Own Heaven synopsis, comments

    His Own Heaven

    Jennie Kew

    Winner of the 2021 Passionate Plume Award for BDSM Romance Finalist in the 2021 Stiletto Contest for Contemporary Romance He taught her to trust, she taught him to love. ​ Lucy Bar...

  • Always Yours synopsis, comments

    Always Yours

    Claire Raye

    Some things are just meant to be... Ellen Somerville and Will McIntyre met by accident and under unusual circumstances. Getting sprayed by a skunk in a parking lot wouldn’t normall...

  • Noxious synopsis, comments

    Noxious

    Lexy Timms

    Stop setting yourself on fire to keep someone else warm. Brady and Levi have been together since high school, since before he became famous and started thinking only about himself....

  • Christmas in Sweetbriar Cove synopsis, comments

    Christmas in Sweetbriar Cove

    Melody Grace

    Celebrate the holidays in Sweetbriar Cove with this festive romance collection, containing two sizzling smalltown holiday stories perfect for fans of Tessa Bailey, Sophie Kinsella...

  • Holy Bible synopsis, comments

    Holy Bible

    The Church of Jesus Christ of Latter-day Saints

    The 2013 edition of the Holy Bible contains all of the study aids contained in the 1979 edition and includes revisions to the study aids, several new photos, updated maps, and adju...

  • Tempting the King synopsis, comments

    Tempting the King

    Jessa York

    An escaped Mafia Queen, hiding from her past. A Mafia King who wants to claim her… Giselle They think I'm lostbut I know better. I can never be found. The path I've creat...

  • The Scarlet Letter synopsis, comments

    The Scarlet Letter

    Nathaniel Hawthorne

    An Apple Books Classic edition. Hester Prynne lives in infamy. After committing adultery and bearing a child with a man whose name she refuses to divulge, the heroine of Nathaniel ...

  • Masters of Restraint synopsis, comments

    Masters of Restraint

    Ines Johnson

    My new boss is good at giving orders. But his latest demand is NSFW. Especially when his two business partners want in on our deal. My new boss My boss’s boss Their investor &#...

  • Pretty Little Lies synopsis, comments

    Pretty Little Lies

    Ivy Thorn

    Four years ago, Nicolo Marchetti took my innocence. But he left me with something else Nicolo almost took everything from me. My virginity, my reputation, and very nearly my future...

  • Salvation synopsis, comments

    Salvation

    Meghan O'Flynn

    If you like mouthy detectives, serial killers, and suspenseful mysteries that don't quit, this chilling and actionpacked hardboiled detective series has you covered! Try this ...

  • A Green Kind of Witch synopsis, comments

    A Green Kind of Witch

    Sierra Cross

    Cinderella crossed with Mean Girls.   That's what Hazel's daily existence feels like. Born to a family of elegant yet shallow Beige Witches, seventeen y...

  • The Great Gatsby synopsis, comments

    The Great Gatsby

    F. Scott Fitzgerald

    An Apple Books Classics edition. The Roaring Twenties are in full effect in F. Scott Fitzgerald’s riveting classic. Manabouttown Jay Gatsby seems to have it all, including loads of...

  • Never Enough synopsis, comments

    Never Enough

    Lexy Timms

    Be good enough never is... Anthony Accardi is a man on a mission: make his father's watch company a success while bringing in millions of dollars. To do that, he needs an assi...

  • School of Potential synopsis, comments

    School of Potential

    W.J. May

    USA Today Bestselling author, W.J. May brings you a continuation of the international bestselling series, The Chronicles of Kerrigan! Come back and enjoy the famous characters, or ...

  • Teased by Fire synopsis, comments

    Teased by Fire

    Molly O'Hare

    From USA Today bestselling author Molly O’Hare comes an enemiestolovers, older brother’s best friend, romantic comedy with a curvy, antisocial, supernaturalobsessed, allyearround h...

  • Pride and Prejudice synopsis, comments

    Pride and Prejudice

    Jane Austen

    An Apple Books Classic edition. Jane Austen’s beloved classic opens with this witty and very memorable line: “It is a truth universally acknowledged, that a single man in possessio...

  • Saltwater Cove synopsis, comments

    Saltwater Cove

    Amelia Addler

    Second chances...and the secrets that sabotage them. At 48 years old, Margie Clifton never expected to be starting her life all over again. But when her brother gifts her a propert...

  • The Adventures of Sherlock Holmes synopsis, comments

    The Adventures of Sherlock Holmes

    Arthur Conan Doyle

    An Apple Books Classic You get not one, not two, but 25 gripping mysteries in Arthur Conan Doyle’s first of five collections of Sherlock Holmes short stories. Follow the brilliant ...

  • The Art of War synopsis, comments

    The Art of War

    Sun Tzu

    An Apple Books Classic edition. It’s believed that Sun Tzu wrote this Chinese military primer during the 5th century BChundreds of years before the Bible. The book’s 13 chapters ex...

  • Becoming Lady Dalton synopsis, comments

    Becoming Lady Dalton

    Carrie Lomax

    A dance of desire and deceit... In the glittering world of London's ton, Mrs. Viola Cartwright revels in her newfound freedom as a lady of leisureuntil a series of jewel theft...

  • Silenced Girls synopsis, comments

    Silenced Girls

    Roger Stelljes

    “ Wow wow wow!  Grips you in a choke hold and  does not let go … Oozes suspense and  bonechilling twists and turns .  Astonishing … One of those...

  • Get Lucky synopsis, comments

    Get Lucky

    Lila Monroe

    Fall for the hot and hilarious romcom spin on 'The Hangover', perfect for fans of Tessa Bailey, Ali Hazelwood, and Emily Henry! What happens when you wake up in a hotel s...

  • Just Me synopsis, comments

    Just Me

    Lexy Timms

    We all need somewhere where we feel safe… After leaving her abusive husband, Katherine Marshall is out on her own for the first time. She's hopped from city to city to avoid t...

  • Bewitching a Highlander synopsis, comments

    Bewitching a Highlander

    Roma Cordon

    Defying all for the love of a bewitching lass. Breena MacRae, a healer from Skye with a touch of witchery in her blood, embarks on a dangerous search for her missing father. She ar...

  • All Fired Up synopsis, comments

    All Fired Up

    Kathryn Shay

    Captain Jarek Zenko, a war veteran and firefighter, meets Lacey Roth at a bar one night. They don’t share their real identities, even when they retreat to a hotel. When they meet t...

  • Alpha synopsis, comments

    Alpha

    Sybil Bartel

    Billionaire. Mercenary. Navy SEAL. The Teams trained me to be a killer. War taught me to be ruthless. Then an illfated mission proved I was human. Combat wounded, cut loose by the ...

  • Inception of Gold synopsis, comments

    Inception of Gold

    Lexy Timms

    Things are not as bad as they seem. They are worse. Being the personal assistant to a narcissistic actress who just happens to own the key to my family's undoing isn't ex...

  • The Next Girl synopsis, comments

    The Next Girl

    Carla Kovach

    IF YOU ONLY READ ONE BOOK THIS YEAR, MAKE IT THE NEXT GIRL... You thought he’d come to save you. You were wrong. ‘ Absolutely the best thriller I’ve read this year! ’ Goodreads Rev...

  • The Wonderful Wizard of Oz synopsis, comments

    The Wonderful Wizard of Oz

    L. Frank Baum

    An Apple Books Classic edition. You’ve seen the iconic 1939 movie, but do you know about the talking field mice, the Winkies, and the Witch of the North that appear in the original...

  • The Three Little Pigs synopsis, comments

    The Three Little Pigs

    Mark Lesky

    Classic fairy tales, legends and folk stories in short version without violence retold with lovely illustrations in simple language. Perfect for reading aloud to small chi...

  • Nothing to Hide synopsis, comments

    Nothing to Hide

    Scarlett Finn

    Prize of a lifetime: travel the world with a celebrity billionaire. Come to LA with us, Roxie… It will be so much fun! We have tickets for a latenight talk show! What could possibl...

  • His Girl Next Door synopsis, comments

    His Girl Next Door

    Khardine Gray

    From USA Today Bestselling author Khardine Gray comes a sizzling hot single dad romance you won't want to miss. No strings attached fun with the ubergorgeous single d...

  • The Odyssey synopsis, comments

    The Odyssey

    Homer

    An Apple Books Classic edition. Homer’s eighthcentury epic poem is a companion to The Iliad . It tells the story of Odysseus, who journeys by ship for 10 years after the Trojan War...

  • Finding Cinderella synopsis, comments

    Finding Cinderella

    Colleen Hoover

    #1 New York Times bestselling author of It Starts with Us and It Ends With Us writes a free novella about the search for happily ever after. A chance encounter in the dark leads ei...

  • The Target synopsis, comments

    The Target

    Lexy Timms

    When you seek revenge be sure to dig two graves… Revenge was the only thing I had going for me. It kept me awake at night and drove me into desperate situations in dive bars across...

  • Think and Grow Rich synopsis, comments

    Think and Grow Rich

    Greg Habstritt & Napoleon Hill

    Think and Grow Rich is one of the most popular success book of alltime, having sold more than 60 million copies since it was first published more than 70...

  • Awaken Me synopsis, comments

    Awaken Me

    Jenna Jacob

    He was more than a ghost haunting my dreams…he was real. By day, I’m Julianna Garrett …a prim, proper accountant. By night, I’m tormented by dreams of an alpha, ambereyed Adonis wh...

  • Assisting the Bosshole synopsis, comments

    Assisting the Bosshole

    Kristin MacQueen

    No hot water? Check Missed the train? Check Broke my heel? Check Dropped my coffee? Check My first day of my new job can’t possibly go worse, right? Wrong. When I meet Parker Scott...

  • Dark Psychology and Manipulation synopsis, comments

    Dark Psychology and Manipulation

    Margaret Morrison

    THE MENTAL MANIPULATOR WILL NO LONGER KEEP SECRETS FROM YOU! Are you fed up with the wool being pulled over your eyes?Are you prepared to stand up to those who believe they can man...

  • The Seduction Series Boxset synopsis, comments

    The Seduction Series Boxset

    Roxy Sloane

    “Sensual, thrilling and wild!”   Discover the bestselling series in one collection: THE SEDUCTION, THE BARGAIN, and THE INVITATION. Perfect for fans of Ana Huang, Sierra S...

  • Dream Psychology synopsis, comments

    Dream Psychology

    Sigmund Freud

    An Apple Books Classic edition. Written by the founding father of psychoanalysis, Sigmund Freud’s 1899 book is the definitive text on learning to interpret dreams. Freud’s groundbr...

  • Wuthering Heights synopsis, comments

    Wuthering Heights

    Emily Brontë

    An Apple Books Classic edition. If you’ve only ever seen Wuthering Heights on screen, you may have an image of Catherine and Heathcliff as the ultimate starcrossed lovers. But that...

  • Teach Me synopsis, comments

    Teach Me

    Cassandra Dean

    From awardwinning author Cassandra Dean comes a tale where lessons of pleasure between a curious, sunshine widow and a dissolute, grumpy earl leads to passion and allconsuming love...

  • Good Guy synopsis, comments

    Good Guy

    Kate Meader

    He's a Special Forces veteran making his pro hockey debut. She's a dogged sports reporter determined to get a scoop. She's also his best friend's widow . . . Fa...

  • Law of Attraction synopsis, comments

    Law of Attraction

    Jordan Hollis

    How to Finally Overcome the Hurdles of Manifesting Proven, effective and enjoyable ways to help you manifest faster… Right now, think of something that makes you successful. If you...

  • Hot Off the Press synopsis, comments

    Hot Off the Press

    Lexy Timms

    "This is what really happened… reported by a free press, for a free people…" Wes Shaw leads a secret double life. As the secret owner of a billion dollar newspap...

  • Death at Hazel House synopsis, comments

    Death at Hazel House

    Betty Rowlands

    ‘Riveting, can't put it down! I love this story… a wonderfully twisted tale of a crime that has more twists than I thought possible... fantastic.’ Goodreads Reviewer, 5 stars ...