Birdwatch Archive

Birdwatch Note Rating

2024-08-16 21:10:52 UTC - HELPFUL

Rated by Participant: 727ECA9F58C8E92320B45B17B46CFB636CB257C0E1BF5050AE71C4AA0F79C303
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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