Price controls are quite troublesome. If a government controls prices by putting price ceilings or price floors on a good’s price many things can happen- good and bad. (to clarify: price ceilings: a price can’t go above a certain amount.- price floors: a price can’t go below a certain amount.) First of all, if … More Price Controls – People Controls
“Speculation should be outlawed” is the argument for chapter 71 in How to Argue with a Liberal… And WIN! Let’s take a further look into this statement. The meaning of the word speculation that is used in the previous phrase is: an activity in which someone buys and sells things in the hope of … More The Outlaw of Speculation
Price controls are equivalent to people controls. When a government controls prices and doesn’t allow the free market to function, it is controlling people. With price controls people aren’t able to compete in buying and selling. For example, when at an auction the highest bidder always wins- with price controls there is no highest bidder. … More Price Controls are People Controls
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