2024-08-15 21:31:46
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. [Link] NEEDS_MORE_RATINGS(22-1-16) Author
2024-08-15 22:09:16
Too bad the tweet says absolutely nothing about economics and it’s talking about internet celebs… NNN go outside NEEDS_MORE_RATINGS(5-0-8) Author
2024-08-16 01:20:22
NNN, even if the post were a commentary on economics, it is still opinion whether or not this would lead to shortages. Research demonstrated this was the case during COVID, but there is 2014 research to the contrary [Link] NEEDS_MORE_RATINGS(2-0-10) Author
2024-08-16 09:26:23
Price controls create shortages, and this can be proven via economic theory [Link][Link] NEEDS_MORE_RATINGS(12-0-8) Author
2024-08-16 10:25:11
NNN, the top note's links are not reliable sources, it contains no hard data points, instead it makes inaccurate overly simplistic historical connections, and the site is tied to a right libertarian think tank pushing an agenda. [Link][Link] NEEDS_MORE_RATINGS(0-0-8) Author