3 ms·
Without delving into the data, wouldn’t a plausible explanation be that we regulate and/or subsidize those industries _because_ they are the most inflationary?
by ghayes 6y ago
Without delving into the data, wouldn’t a plausible explanation be that we regulate and/or subsidize those industries _because_ they are the most inflationary? Industries with downward price trends don’t often need consumer protections.
- therealdrag0 6y agoThe counter argument is prices come down with increased supply and competition-driven innovation. Regulation inhibits supply. How would regulation make them less inflationary?