Birdwatch Archive

Birdwatch Note Rating

2024-08-17 06:03:08 UTC - HELPFUL

Rated by Participant: 2B7EEC7C698BECC970B0C2E29FE844799CC6413CAC0171753B29237E684C7404
Participant Details

Original Note:

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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All Information

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