Freedom or Power

Source: Free Association
by Sheldon Richman

“Price controls bring forth not an abundance of low-priced goods to help the poor but shortages of wanted products. Today many people suffer the hardship of government suppression of the building of new houses and apartments. … In any given case, how much influence market forces and nonmarket control have is not an easy question. It takes study rather than dogmatism. However, even political intervention must operate within the law of price.” (06/07/24)