The Real Cost of Anti-Price-Gouging Laws
If buyers aren't allowed to compete in terms of prices, they'll be forced to compete in terms of time waiting, distance traveled, or other real costs.
Price Controls
Displaying 61 - 70 of 72
Italy’s Healthcare Sector Badly Needs Deregulation and More Private Spending
Thanks to regulations and a lack of private spending, Italy's healthcare system had very limited capacity even before the current crisis.
Price Controls Mean Shortages, Even during Pandemics
Despite many attempts at doing so, governments have never been able to conjure up more goods and services through price controls and other regulations.
The Noncrime Known as “Price Gouging”
Anti-price gouging laws mean that those who really end up getting the short end of the stick are those who don't have the time or the means to beat the crowds to the store. Worse off are those of lesser means who rely on public transportation or walking to transport groceries home.
Why We Need Free Markets To Fight Pandemics
What needs to be done in such a crisis is not to attempt to steer the market to ensure it provides what is needed, but to let it free to do what it always does: match the goals of entrepreneurial producers with the needs of the populace.
Coronavirus Panic: From Trillion-Dollar Paternalism to “Cash for Bunkers”
You are not even allowed to ask: "Is the price we’re paying worth it?" or "Is this an abundance of caution, or an overdose?" The "serious people" attack anyone who urges calm and encourages others to adopt a "don’t panic" approach. The new party line is: panic = virtue.
California Heads toward Disaster with Yet Another Rent Control Ballot Measure
Rent control looks good in the short run, but over time it means less housing and higher real costs for most ordinary people.
Bernie Sanders’s Long History of Pushing Government Takeovers of Private Markets
The term "socialism" properly refers to government ownership of industry and service providers. In this respect, Bernie Sanders has a long record of proving he's a true socialist.
We Need More Housing, Not More Rent Control
Blinded by their zeal to save the masses from the "excesses" of greedy landlords, politicians are ignoring the regulatory state that keeps housing prices on the rise.
The Human Action Podcast
The Human Action Podcast features in-depth interviews on current topics in economics through an Austro libertarian lens.
