Price controls across many sectors are currently being hotly debated. New controls in the housing market, more onerous minimum wages, minimum prices for alcohol, and freezes on energy prices are very high up the agenda of most politicians at the moment. Even without any further controls, wages, university fees, railway fares and many financial products already have their prices at least partly determined by politicians rather than by supply and demand in the market. Indeed, barely a sector of the UK economy is unaffected in one way or another by government controls on prices. This book demonstrates why economists do not like price controls and shows why they are widely regarded as being amongst the most damaging political interventions in markets. The authors analyse, in a very readable fashion, the damage they cause. Crucially, the authors also explain why, despite universal criticism from economists, price controls are so popular amongst politicians.
This book demonstrates why economists do not like price controls and shows why they are widely regarded as being amongst the most damaging political interventions in markets.
“Price Ceilings in Financial Markets.” In Flaws and Ceilings: Price Controls and the Damage They Cause, edited by Christopher Coyne and Rachel Coyne, 135–57. London: Institute of Economic Affairs. Bourne, Ryan. 2015. “The Flaws in Rent ...
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This edition of the industry standard on architectural detailing includes new sections covering analysis and modification of existing details and design of new details, both basic and advanced.
Composed of a shank with a flat tip that looks like a minus sign (-), called a standard screwdriver, or a tip that looks like a plus sign (+) called a Phillips screwdriver, with a handle of wood, metal, or some type of hardened plastic, ...
This edited volume advances our understanding of urban activism beyond the social movement theorization dominated by thesis of political opportunity structure and resource mobilization, as well as by research based on experience from the ...