Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. Shortages are most damaging when they involve basic ...
Experience is life’s greatest teacher. And history shows repeatedly that price controls do not deliver the results their ...
Mr. Mahoney is an economist and Mr. Ramamurti is a former deputy director of the National Economic Council. Democrats dominated the Nov. 4 elections, but the other big winner was price controls. In ...
The House of Representatives just passed a resolution condemning the “horrors of socialism” by a 285 to 98 margin. All the no votes were cast by Democrats indicating that a majority of the members ...
Inflation in the United States is no longer raging, but it is not fully tamed either, and the political response is veering into territory that would have been unthinkable a few years ago. With price ...
Learn about mixed economies blending capitalism and socialism. Explore their features, benefits, and challenges in this ...
Your editorial “The Political Race for Fewer Cures” (Aug. 6) identifies an ironclad rule of economics: Price controls create shortages. In this instance, restrictions on prescription drugs will lead ...