Incomes policies

["Bill James" <kataradicalis@xxxxxxxxxxx>]

Incomes policies seem to be recommended often by heterodoxers. Is this
still the case, or were new ideas devised regarding this(for example is
Lerner's MAP recommended at all nowadays?)? The failure of incomes policies
in the United States in the 70s under Nixon and Carter are well known, and
I don't see any particular failure in implementation(unless someone can
point them out), rather than an overall failure in the policy. Austria,
Germany, and Sweden certainly withstood the supply shocks in the 70s much
better, but only continued successfully in conjunction to traditional
deflationary policies in the 80s, as growth was very slow for all three in
that decade.


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