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Price Controls Create Man-Made Disasters

mises.org — In the wake of the recent flooding in Iowa, the state's rules against price gouging are now in effect. Enforcing these restrictions will have predictable effects: shortages of needed supplies, long lines, delayed repairs, and, perhaps, increased incivility. Price-gouging statutes will hurt precisely the people they are intended to help.

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  • kurt2, on 06/26/2008, -0/+0very good article

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