AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
12min chapter
Ryan Bourne on *The War on Prices: How Popular Misconceptions about Inflation, Prices, and Value Create Bad Policy*
Macro Musings with David Beckworth
Exploring Price Controls and Their Economic Implications
This chapter delves into the historical context of price controls, examining their role during World War II and their impact on resource allocation. It critiques the misconception that price controls yield positive economic outcomes by highlighting negative impacts such as black markets and distorted consumption patterns. The chapter also discusses the consequences and unintended outcomes of price regulations, using examples from various international instances, like energy and food price controls.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode