Why Do Governments Enact Price Controls?

Transcript

♪ [music] ♪ - [man] So far, we've looked at a number of the consequences of price controls, both price ceilings and price floors. And most of the consequences, they're not very good. Why do governments enact price controls? We won't be able to cover all of the reasons here, but let's cover a few of the big ones. Do you remember how we began t... Read More