Media Hit
![kamala harris price controls](https://www.commonwealthfoundation.org/wp-content/uploads/2024/08/iStock-1497187191-1253x720.jpg)
Harris’s Price Controls Ignore Basic Economics
Originally published at Delaware Valley Journal
Vice President Kamala Harris wants to make groceries cheaper. However, her vague proposal to ban “price gouging” will have the opposite effect.
Economists, not known for consensus, agree on one thing: Price controls don’t work. By mandating price ceilings, government price controls always lead to shortages.
And this isn’t some abstract economic theory; instead, it’s a real-world observation of their historically bad track record.
Read more at Delaware Valley Journal