Birdwatch Note Rating
2024-10-25 18:05:24 UTC - HELPFUL
Rated by Participant: F5B40743749DA85CCCD43A452DD48EE2FEA88F81AE48A69AADA5E6B2782901C5
Participant Details
Original Note:
There is extensive empirical evidence that gov price controls to combat inflation are ineffective at best, or lead to shortages and even higher inflation at worst. https://www.cambridge.org/core/journals/journal-of-economic-history/article/abs/forty-centuries-of-wage-and-price-controls-how-not-to-fight-inflation-by-robert-l-schuettinger-and-eamonn-f-butler-washington-d-c-the-heritage-foundation-1979-pp-186-995/BBE78D40D29D3D6EE7DA701AF591D650 https://cdn.mises.org/Forty%20Centuries%20of%20Wage%20and%20Price%20Controls%20How%20Not%20to%20Fight%20Inflation_2.pdf
All Note Details