Birdwatch Archive

Birdwatch Note Rating

2024-08-17 09:24:14 UTC - HELPFUL

Rated by Participant: EC9BFA8B59BA7C96FF5EF70DB977FAD228B5B9840E91BA902034487F780A0F34
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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