Birdwatch Archive

Birdwatch Note Rating

2024-08-15 23:50:07 UTC - HELPFUL

Rated by Participant: BC102CB99B9CA49D5C3A89FB4F39CD51DFB55396D67F080644D3F532E2566226
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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