Will New York City Become the New Socialist Paradise?
Socialist mayoral candidate Mamdani won the Democratic primary for mayor of New York City on promises to vastly expand government control of housing and businesses there. It worked.
Price Controls
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Exploiting the Moral Unseen
When politicians intervene in the economy, they often do it in the name of mitigating “greed” or “profiteering.” While they can pass laws regulating prices and the like, they cannot repeal economic laws. Instead, they can only make things worse.
Exploiting the Moral Unseen
When politicians intervene in the economy, they often do it in the name of mitigating “greed” or “profiteering.” While they can pass laws regulating prices and the like, they cannot repeal economic laws. Instead, they can only make things worse.
Interest Rate Caps Won’t Solve America’s Debt Problem. Here’s What Will
Ultimately, interest rate caps would cost Americans access to a convenient and reliable source of credit. Instead of saving them money, a rate cap would push consumers into worse credit options.
How Trump Can Lower Drug Prices Without Price Controls
While Trump has not yet turned to price controls to address America‘s absurdly high drug prices, Monday‘s executive order suggests that he soon may. Price controls would only worsen the problem with the drug market. Here are three things he can do instead.
Cracked Shells: Why Egg Prices Are High
As egg prices rise, the usual progressive suspects claim it is due to monopoly power by egg producers, calling for government intervention. However, the real reason is government intervention itself.
The Economic and Social Consequences of Rent Control
Rent control always results in housing shortages and deteriorating housing stock. Governments and activists, unfortunately, never learn any lessons.
How the Government Created Exorbitant Insulin Prices
Progressives blame the free market for insulin prices and want to impose price controls. But, government regulation is to blame.
The Economic and Social Consequences of Rent Control
Rent control always results in housing shortages and deteriorating housing stock. Governments and activists, unfortunately, never learn any lessons.
How the Government Created Exorbitant Insulin Prices
Progressives blame the free market for insulin prices and want to impose price controls. But, government regulation is to blame.
