Why Do Governments Enact Price Controls?

Watch this video on President Nixon's wage and price controls in the 1970s to understand why governments enact price controls despite our economic analysis.

 

Source: MRU, https://mru.org/courses/principles-economics-microeconomics/government-price-control-definition-rent-control-minimum-wage
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Last modified: Wednesday, July 31, 2024, 9:27 AM