Price Controls

Many of the "solutions" peddled by today's experts are more likely to increase wealth inequality than decrease it.

Rent control in Ontario has restricted the supply of housing while lowering the quality of available units.

Rent control in Ontario has restricted the supply of housing while lowering the quality of available units.

Our high levels of malinvestment mean that negative interest rates will not have the steroidal effect that's hoped for. But they will deliver another few years of subpar debt-fueled economic activity.

Our government is forever whining about, threatening against, high drug prices. Our pharmaceutical industry is “fighting” the Chinese in this economic “war” with both its hands tied behind its back.

Efforts by US policymakers to boost crude prices and to throw a lifeline to high-cost US crude producers is the exact opposite of what prices are telling us the market needs at this time.

Efforts by US policymakers to boost crude prices and to throw a lifeline to high-cost US crude producers is the exact opposite of what prices are telling us the market needs at this time.

If buyers aren't allowed to compete in terms of prices, they'll be forced to compete in terms of time waiting, distance traveled, or other real costs.

Thanks to regulations and a lack of private spending, Italy's healthcare system had very limited capacity even before the current crisis.

Despite many attempts at doing so, governments have never been able to conjure up more goods and services through price controls and other regulations.