Source: Foundation for Economic Education
by Andrew Lilico
“It sounds so simple. If consumers are suffering because prices are going up, then forbid that. Who could object, beyond greedy firms profiteering by pushing prices up? … If the government caps the prices of supermarket products, that will make those products unprofitable for the supermarket to stock and also mean that consumers have to pay less for them than their economic value, the consequence being that they will sell out and not be available. Why would I, as a consumer, want key products to be unavailable in supermarkets?” (05/21/26)
https://fee.org/articles/only-a-fool-or-a-politician-would-cap-food-prices/