ABSTRACT
An incomes policy may be defined as an attempt to influence the growth in the general level, and the distribution, of money incomes by central intervention in the processes of income determination. There has hardly been a year since the Second World War in which it could be said that there was no incomes policy at all in the United Kingdom. The official approach to an incomes policy was one of the many aspects of French economic life which was profoundly altered by the Common Market. The long-term incomes policy ran into further trouble with the introduction of the Stabilization Plan. Some examination of the problems involved in securing a permanent incomes policy is desirable. A very significant feature of the development of thinking about incomes policy in relation to growth in recent years has been the attention paid to non-wage incomes and to prices. Labour market policy is a concept that could with advantage be adopted in Britain.
