Birdwatch Archive

Birdwatch Note Rating

2024-08-16 07:35:41 UTC - HELPFUL

Rated by Participant: 4B279B31D60C7E8ACCC83B0D7B341CE8B764F9F8BA9CFF6CBEDF1AC5E0F70123
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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