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Economists don't agree on much, except that price controls result in a net negative long-term in most markets. When governments feel that certain prices need to be regulated, they impose a price ceiling or floor. This ensures the masses are not negatively affected by skyrocketing prices. In this episode, we talk about who benefits from price controls and who loses.
By Cody Willis and Jared Jones4.5
88 ratings
Economists don't agree on much, except that price controls result in a net negative long-term in most markets. When governments feel that certain prices need to be regulated, they impose a price ceiling or floor. This ensures the masses are not negatively affected by skyrocketing prices. In this episode, we talk about who benefits from price controls and who loses.