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Feast-or-famine corner outcomes, not modest proportional belt-tightening, are the generic result of price controls.

Drawn from what Alex Tabarrok said

Subjectprice gouging
What this subject means

price gouging Whether a price should be allowed to spike in a shortage, and what happens to supply when it is not.

What Alex Tabarrok actually said

  1. Alex Tabarrok Professor of economics at George Mason University and Bartley J
    This paper shows that feast or famine, not modest belt-tightening, is the generic outcome of price controls.

    Where this was said

    ↗Chaos and Misallocation under Price Controls (with 2 co-authors)arxiv.org

    12 Feb 2026

    All 4 korrents from this piecethis one is 2nd

Added to korrents 9 Sept 2026 · How quotes work · Something wrong? Tell us

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