Birdwatch Archive

Birdwatch Note Rating

2024-08-16 02:26:19 UTC - HELPFUL

Rated by Participant: 34125279201E11EF402AA9C3E1EF48A6E7E5D92AEAD4ECD28C2E22E69FB4CD6C
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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