High prices are not by themselves evidence of a shortage High prices prices in conjunction with specific restrictive policies that create shortages are by them

High prices are not by themselves evidence of a shortage High prices prices in conjunction with specific restrictive policies that create shortages are by themselves great evidence of a shortage: https://www.nber.org/papers/w21154 https://www.nber.org/papers/w21154. We see the results of shortage policies all around us: https://jakeseliger.com/2015/12/27/why-did-cities-freeze-in-the-1970s/ https://jakeseliger.com/2015/12/27/why-did-cities-freeze-in-...