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Price Controls
Chapter 15 of Shawn Ritenour’s Foundations of Economics discusses a government intervention into the economy so obviously flawed that even most mainstream economists condemn it. Moreover, even a large number of government officials seem to understand that it doesn’t work. … Continue reading
Posted in Books, Economics
Tagged Foundations of Economics, Ludwig von Mises, minimum wage, price ceilings, price controls, price floors, rent control, Shawn Ritenour, shortage, surplus
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