The spike of inflation last year has brought a rebirth to a debate of long-forgotten times: Price controls are ‘en-vogue’ again. Higher prices at the gas station, higher electricity prices, and higher prices for natural gas → many, mostly left-leaning, politicians propose that governments intervene and implement
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Price Controls, Episode XXVIII: The Empire…
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The spike of inflation last year has brought a rebirth to a debate of long-forgotten times: Price controls are ‘en-vogue’ again. Higher prices at the gas station, higher electricity prices, and higher prices for natural gas → many, mostly left-leaning, politicians propose that governments intervene and implement