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 WORLD-INFOSTRUCTURE > FACT AND OPINION CONSTRUCTION(THINK TANKS) > ABOLITION OF RESALE PRICE ...
  Abolition of Resale Price Maintenance


The London-based Institute for Economic Affairs (AEI) from its beginning undertook an extensive publishing program to push forward its free-market ideology. Among its publications was one particular paper, which had a direct and immediate political impact. Published in 1960 "Resale Price Maintenance and Shoppers' Choice" by Basil Yamey argued for the abolition of Resale Price Maintenance, which by fixing prices in shops prevented large stores from necessarily under-cutting smaller shops. Yamey argued that a free market in shop prices would save the shoppers £180,000,000 a year, and prices would fall by five percent.

The publication of Yamey's paper was timed to coincide with a period of public debate on the subject to ensure maximum impact, and Yamey's suggestions were taken up by the incumbent Conservative Government. Although the Abolition of Resale Price Maintenance by Edward Heath in 1964, can not only be attributed to Yamey's paper, it for sure had a substantial impact.




browse Report:
Fact and opinion construction(think tanks)
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-3   Conservative Think Tanks and the Media
-2   Influence on Policy Making by Fact Construction
-1   War on Anti-Poverty Programs
0   Abolition of Resale Price Maintenance
+1   Think Tanks and Corporate Money
+2   History of Corporate Funding of Conservative Think Tanks
+3   Examples of Mainly Corporate Funded Think Tanks: Brookings Institution
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