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Thursday, March 03, 2022

Price-Control Failures, Then and Now

https://mises.org/wire/price-control-failures-then-and-now 

As Congress mulls price controls on doctors and hospitals in the form of the Lower Health Care Costs (LHCC) ActAs Congress mulls price controls on doctors and hospitals in the form of the Lower Health Care Costs (LHCC) Act, lawmakers must learn from history. Luckily, the message is abundantly clear: price controls have proved disastrous across the world throughout time, and this instance will be no different must learn from history. Luckily, the message is abundantly clear: price controls have proved disastrous across the world throughout time, and this instance will be no different

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