This doesn’t seem like an unsolvable problem, so I don’t understand why someone would conclude that price caps “never” work just because they can lead to some problems.
I’m not “concluding”, I’m just answering OPs question. He asked if price caps have a place in capitalism I don’t understand why you guys have to be so adversarial all the time.
How is that not a conclusion? Just because capitalism is about having free markets doesn’t mean that price caps have no place in it. To me, it’s the same as saying that regulations have no place in capitalism.
This doesn’t seem like an unsolvable problem, so I don’t understand why someone would conclude that price caps “never” work just because they can lead to some problems.
Possibly hyperbole. If it’s under any kind of capitalism, it is doomed to fail.
I’m not “concluding”, I’m just answering OPs question. He asked if price caps have a place in capitalism I don’t understand why you guys have to be so adversarial all the time.
How is that not a conclusion? Just because capitalism is about having free markets doesn’t mean that price caps have no place in it. To me, it’s the same as saying that regulations have no place in capitalism.
I also don’t see how I was being adversarial.