Birdwatch Archive

Birdwatch Note Rating

2024-08-16 02:42:15 UTC - HELPFUL

Rated by Participant: 99E0631DB68FB4A2FEC8BD7E95107EAF4BB7AFE69527464A0537A4E60FACD5B6
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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