When presidential candidate Kamala Harris proposed laws to ban value gouging, we naturally thought to interview Isabella Weber, an affiliate professor on the College of Massachusetts Amherst. Weber’s paper on the topic lit up financial dialogue within the wake of fuel and meals market disruptions attributable to the Russian invasion of Ukraine. Weber requires governments to look at capping costs on sure staples, and amassing provides to even out pricing. However is that this prudent oversight of the markets, or a step down the highway to central planning and shortage?
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