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← Misallocation, not the aggregate quantity reduction, is the main welfare cost of price controls.
8 connected korrents · 5 moments on record from 1 Jun 2022 to 1 Apr 2026.
Everything filed under price gouging
price gouging
Everything filed under inflation
inflation Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: Misallocation, not the aggregate quantity reduction, is the main welfare cost of price controls. Misallocation, not the aggregate quantity reduction, is the main welfare cost of price controls. Last stated 7 months ago
12 Feb 2026
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Alex Tabarrok — holds since 2026-02-12 — tap for who they are
Same subject: Feast-or-famine corner outcomes, not modest proportional belt-tightening, are the generic result of price controls. — tap to centre the map on it Feast-or-famine corner outcomes, not modest proportional belt-tightening, are the generic result of price controls. Last stated 7 months ago
12 Feb 2026
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Alex Tabarrok — holds since 2026-02-12 — tap for who they are
Same subject: Handing out cheques during Covid and accepting the inflation was less damaging than price controls and rationing would have been. — tap to centre the map on it Handing out cheques during Covid and accepting the inflation was less damaging than price controls and rationing would have been. Last stated 2 years ago
20 Aug 2024
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John H. Cochrane — holds since 2024-08-20 — tap for who they are
Same subject: Laws against price gouging are what cause hoarding, because it is the expectation of empty shelves that makes people stock up. — tap to centre the map on it Laws against price gouging are what cause hoarding, because it is the expectation of empty shelves that makes people stock up. Last stated 2 years ago
20 Aug 2024
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John H. Cochrane — holds since 2024-08-20 — tap for who they are
Same subject: Price gouging should be legal, because a sharply higher price is what sends scarce supply to the people who need it most. — tap to centre the map on it Price gouging should be legal, because a sharply higher price is what sends scarce supply to the people who need it most. Last stated 2 years ago
20 Aug 2024
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John H. Cochrane — holds since 2024-08-20 — tap for who they are
Same subject: Corner allocations under price ceilings are a distinct source of cross-market misallocation, separate from Harberger quantity loss and within-market misallocation. — tap to centre the map on it Corner allocations under price ceilings are a distinct source of cross-market misallocation, separate from Harberger quantity loss and within-market misallocation. Last stated 7 months ago
12 Feb 2026
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Alex Tabarrok — holds since 2026-02-12 — tap for who they are
Same subject: A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. — tap to centre the map on it A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. Last stated 5 months ago
1 Apr 2026
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Thuan Pham — holds since 2026-04-01 — tap for who they are
Same subject: Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022. — tap to centre the map on it Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022. Last stated 4 years ago
25 Jul 2022
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Noah Smith — holds since 2022-07-25 — tap for who they are
Same subject: Central bank purchases of government bonds are not bailouts and do not automatically cause inflation, since they only change the composition of the consolidated government's liabilities, not their total. — tap to centre the map on it Central bank purchases of government bonds are not bailouts and do not automatically cause inflation, since they only change the composition of the consolidated government's liabilities, not their total. Last stated 4 years ago
1 Jun 2022
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Olivier Blanchard — holds since 2022-06-01 — tap for who they are