'Been Owed This for 5 Years'! Scott Jennings Calls Out Randi Weingarten's Lies...
Up Next for Dem Sen. Chris Van Hollen: Margaritas With Judge Dugan?
Massive Explosion Rocks Iranian Port of Bandar Abbas Causing Widespread Damage, Injuries (...
'This Is a Crime'! CNN Legal Analyst Throws a Wrench In Dems' Narrative...
Milwaukee Democrat Rep Encourages People to Obstruct ICE from Arresting Criminal Illegal A...
Scott Jennings Schools CNN Panelists on Why an Activist Judge’s Arrest Had to...
FOIA Revelation: Biden White House Labeled Libs of TikTok and Gays Against Groomers...
Ken Dilanian Loved Going After Trump but Thinks Arresting Judges Who Break the...
As More Activist Judges Get Arrested Let’s Remind Democrats that ‘No One Is...
Writer and Pop Culture Expert Says Draft Overlooking Shedeur Sanders is Like Whipping...
Epstein Accuser and Abuse Survivor Virginia Giuffre Found Dead by Suicide
Jamie Raskin is OUTRAGED that a Judge Could Face Justice for Allegedly Helping...
Kash Patel's 'No One Is Above the Law' Judicial Perp Walk Pic Is...
Guy Benson Questions 'Dill'-emma: Friend Ousted from Pickleball League Over Politics
Judiciary Dems Begin Campaign of Lies to Defend Judge Who Allegedly Helped Illegal...

Economics professor argues that it's time to use price controls to fight inflation

Isabella Weber is an assistant professor of economics at the University of Massachusetts Amherst, and she argues in The Guardian that the U.S. implement price controls to fight inflation, which we were assured was transitory … just a blip. She notes that inflation is near a 40-year high but doesn’t seem interested in explaining why that is. She’s more concerned with fighting it, and that way to do it is price controls.

Advertisement

Weber writes:

To use a metaphor: if your house is on fire, you would not want to wait until the fire eventually dies out. Neither do you wish to destroy the house by flooding it. A skillful firefighter extinguishes the fire where it is burning to prevent contagion and save the house. History teaches us that such a targeted approach is also possible for price increases.

What?

Remember last month’s tweet from MSNBC arguing that inflation was a good thing?

Advertisement

Advertisement

Advertisement

Advertisement

It’s a pretty powerful ratio. People in countries that have implemented price controls seem to have some experience in how well they work.


Related:

Join the conversation as a VIP Member

Recommended

Trending on Twitchy Videos

Advertisement
Advertisement
Advertisement