When is price regulation ever called for? The only times I can think of are when there is a monopoly, oligopoly, monopsony, oligopsony or significant externalities.
> Laws to crack down on this behavior has popular support, so I won't spend additional time defending the idea in this forum
The popularity of a proposal has very little to do with its appropriateness.
When is price regulation ever called for? The only times I can think of are when there is a monopoly, oligopoly, monopsony, oligopsony or significant externalities.
> Laws to crack down on this behavior has popular support, so I won't spend additional time defending the idea in this forum
The popularity of a proposal has very little to do with its appropriateness.