Bonus Quotation of the Day…

by Don Boudreaux on April 27, 2020

in Prices, Reality Is Not Optional, Seen and Unseen

… is from this new EconLog post by GMU Econ alum and my Mercatus Center colleague Rosolino Candela:

Inhibiting the ability for consumers to communicate their demand to sellers through price controls is analogous to cutting a telephone cord in the middle of an emergency phone call.


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