Birdwatch Archive

Birdwatch Note Rating

2024-08-16 03:37:44 UTC - HELPFUL

Rated by Participant: 611798EE7CD3DCED898463416A5A90C2F3667B1D803E142D5C94D27B6F98D86C
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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