25 sats \ 1 reply \ @kepford 19 Aug \ parent \ on: Grocery Store Price Gouging? econ
The evidence of how price controls work is not hard to find. But its impossible to learn when you don't think. That's where most people at. They are vessels that are poured into and emptied. In my experience very little contemplation occurs on these topics.
Its different when you live it though. Americans have had it very good. A very privileged life. Those that will not learn will have many hard lessons ahead of them.
That's such a good point. We haven't experienced wide-spread price controls since the 70's, which is probably why most Boomers understand how bad they are.
Most Americans were not alive then and therefor have no first-hand experience of how disastrous that policy is.
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