Monday, December 21, 2015

The Downside of Price Controls

A week ago Saturday I was again blessed to be a guest on the program A Plain Answer. The show is broadcast on the Redeemer Broadcasting radio network. Dan Elmendorf and I talk about the economics and ethics of price controls as I relate a personal experience of having my dad laid off in 1973 due to the Nixon Administration's price freeze on a variety of retail goods including meat. You can listen to the discussion by clicking here.