Dollars and Jens
Friday, August 19, 2005
why price controls are bad
It will, no doubt, surprise you to hear I'm generally a fan of the free market; I actually provide this link to a primer at Marginal Revolution on nonpecuniary rationing largely because I was recently in a discussion that very briefly touched on rent-control, which suffers the same problems and yields, in large part, to the same analysis as in the example given.

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