The High Cost of Kamala’s Price Controls

Ryan McMaken and economist Jonathan Newman look at what happens when governments try to control prices. It turns out bad things happen.

“Krugman: Harris Hasn’t Proposed Price Controls and It’s Good That She Did” by Jonathan Newman: https://Mises.org/RR_200_A

“Kamala Wants Price Controls, and It’s Not Because She Has ‘Good Intentions’” by Ryan McMaken: https://Mises.org/RR_200_B

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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

 


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