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Venezuela tries to impose price controls on items below market prices. According to the book Economics in one lesson chapter 17 government price fixing does not
by acd 10y ago
Venezuela tries to impose price controls on items below market prices. According to the book Economics in one lesson chapter 17 government price fixing does not work in the long run and leads to shortages of goods.
Economics in one lesson is available for free from the Ludwig von Mises institute.
https://mises.org/files/henry-hazlitt-economics-one-lessonpdf/download?token=xBmgeDG7 https://mises.org/files/henry-hazlitt-economics-one-lessonpd...