BRITAIN: Heath's Stage II

If imitation is implied flattery, Britain's Prime Minister Edward Heath must be one of President Nixon's most avid boosters. Conservative Heath, like Nixon, is a firm believer in free markets, and ordinarily would no more care to impose economic controls than offer a Cabinet post to a member of the I.R.A. Yet in trying to fight one of Europe's most destructive price spirals, Heath borrowed openly from the President and last Nov. 6 imposed a freeze on British prices and wages. Until then Britain's inflation had been roaring along at an annual rate of 8.5%. Last week the Prime...

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