The Marginal Revolution Podcast cover image

Oil Shocks, Price Controls, and War

The Marginal Revolution Podcast

00:00

The Legacy of Price Controls

This chapter delves into the historical context and effects of price controls in the U.S., focusing on Nixon's 1971 measures to tackle inflation. It examines public perceptions and the political climate of the time, alongside the contributions of economists like Milton Friedman, highlighting the intricate relationship between economic crises and policy responses.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app