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The Economics of the Beatles vs. the Rolling Stones

Ones and Tooze

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The Complexities of Price Controls

This chapter examines the historical and modern implications of price controls in the U.S., drawing comparisons with Nixon's policies amid current inflation concerns. It discusses the intricacies of implementing price controls, the role of big data, and the political consequences they may present. The conversation challenges traditional economic views on pricing, emphasizing sector-specific issues driving current price fluctuations and the potential sufficiency of existing measures.

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