3 ms·
Enforcement by what means? By law? If so, then I would advise against that, given price controls lead to shortages[1][2] and is generally not accepted by econom
by foofoo4u 7y ago
Enforcement by what means? By law? If so, then I would advise against that, given price controls lead to shortages[1][2] and is generally not accepted by economists[3].
[1]: https://en.wikipedia.org/wiki/Price_controls#Criticism https://en.wikipedia.org/wiki/Price_controls#Criticism
[2]: https://en.wikipedia.org/wiki/Price_gouging#Opposition_to_laws_against_price_gouging https://en.wikipedia.org/wiki/Price_gouging#Opposition_to_la...
[3]: https://economics.stackexchange.com/a/34439/27218 https://economics.stackexchange.com/a/34439/27218