Birdwatch Note
2024-08-15 21:31:46 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
Price controls, like those in anti-gouging laws, can distort the market. If prices are capped, producers and sellers might find it unprofitable to supply goods, leading to shortages, especially during high demand or limited supply. https://www.hoover.org/research/price-controls-still-bad-idea
Written by 1AA441B233D305CA1802C784A1E2F9EBE47C87EBB717EBD860D3D67305C20445
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All Information
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- noteId - 1824197314547978406
- participantId -
- noteAuthorParticipantId - 1AA441B233D305CA1802C784A1E2F9EBE47C87EBB717EBD860D3D67305C20445 Participant Details
- createdAtMillis - 1723757506392
- tweetId - 1824126600469942500
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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- summary
- Price controls, like those in anti-gouging laws, can distort the market. If prices are capped, producers and sellers might find it unprofitable to supply goods, leading to shortages, especially during high demand or limited supply. https://www.hoover.org/research/price-controls-still-bad-idea
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