Our readingWhat is a korrent?
Misallocation, not the aggregate quantity reduction, is the main welfare cost of price controls.
Drawn from what Alex Tabarrok said
What these subjects mean
government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.
price gouging Whether a price should be allowed to spike in a shortage, and what happens to supply when it is not.