Karl Marx famously said that history repeats itself first as tragedy, then as farce. Vice President Kamala Harris is bringing that aphorism to life by putting price controls at the center of her ...

Kamal Harris campaigning four years ago in the VP slot. (Carolyn Cole / Los Angeles Times via Getty Images)(Carolyn Cole / Los Angeles Times via Getty Images) Presidential candidate Kamala Harris has ...

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History has a short memory. In recent weeks, as Vice President Kamala Harris’s policy proposals sparked a national conversation about price-controls, that phenomenon is on full display. Price-controls ...

Price controls don't solve economic problems; they disguise them. Prices are messages, and Mamdani wants to shoot the ...

According to some, the cause of inflation is greedy large companies raising prices to fatten their bottom lines. If rents are going up, impose rent controls. If car prices are too high, impose ...

Whatever political opposition existed around restricting drug prices through government intervention — and there was quite a lot not so long ago — seems to have largely disappeared. In other words, ...

Washington Post columnist Catherine Rampell criticized Vice President Harris' proposal to implement federal price controls in order to stop "price gouging" on groceries. "It’s hard to exaggerate how ...

The Trump administration has done a good job with promoting a free-market approach in many of its policies. However, they have taken a completely different tact to reduce prescription drug prices in ...

Do you ever get the feeling that you may be living in a time warp? I mean, doesn’t it seem just a little weird that bell-bottom pants and Marcia Brady hairstyles are the latest rage? I don’t know ...

Trump and Biden administration policies seeking to rein in high prescription drug prices are slated to go into effect in the new year, setting up various overlapping plans with which drug companies ...

Discover what administered prices are, their role in economies, examples from history, and how they impact supply, demand, and economic efficiency.