From 1945 to 1962, the Labour Party held an absolute majority in the parliament. The government, led by prime minister Einar Gerhardsen, embarked on a programme inspired by Keynesian economics, emphasising state financed industrialisation and co-operation between trade unions and employers' organisations. Many measures of state control of the economy imposed during the war were continued, although the rationing of dairy products was lifted in 1949, while price controls and rationing of housing and cars continued until 1960.