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Thank you for the opportunity to share the Federal Trade Commission staff's views on the likely effects of price controls and other policies in Hawaii's gasoline market.(1) ... The U.S. experience with gasoline price controls in the 1970s confirms the predictions of economic reasoning. In 1971, gasoline prices were...
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www.ftc.gov/be/v030005.shtm
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Inflation - Wikipedia, the free encyclopedia
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In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and ser...
en.wikipedia.org/wiki/Inflation
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Who would ever dream that the economic fallacies to which U.S. officials subscribe could turn deadly? ... There is one — and only one — reason for the shortages and long lines, and it’s the same reason the United States had gas shortages and long lines during the 1970s: government-imposed price controls.
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www.fff.org/comment/com0312d.asp
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F. J. Reid, 1976. "Canadian Wage and Price Controls," Canadian Public Policy, University of Toronto ... This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics...
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ideas.repec.org/a/cpp/issued/v2y1976i4p607-615.html
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Elhanan Helpman, 1989. "Macroeconomic Effects of Price Controls: The Role of Market Structure," NBER Working Papers 2434, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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ideas.repec.org/a/ecj/econjl/v98y1988i391p340-54.html
ideas.repec.org/a/ecj/econjl/v98y1988i391p340-54.html
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; Elhanan Helpman ; Harvard University - Department of Economics; National Bureau of Economic Research (NBER); ... Price controls were part of Israel`s stabilization program of July 1985. Some results of ... The paper explores the effects of market structure on macroeconomic performance in the presence and absence of price control.
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papers.ssrn.com/sol3/papers.cfm?abstract_id=307114
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THE PERNICIOUS EFFECTS OF PRICE CONTROLS; ECONOMIC NOTE; TABLE 1; The economic effects of price controls; MINIMUM PRICES MAXIMUM PRICES; ("floor prices") ("ceiling prices"); Artificially high prices Artificially low prices;
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www.iedm.org/uploaded/pdf/avr06_en.pdf
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Economic laws...cannot be repealed by official fiat. It is precisely upon this rock of human behavior that the most perfect academic hopes and panaceas are wrecked. ... Maximum price controls simply create grave shortages and "black markets" of the commodity. The inevitable response...is more vigorous penalties[.]
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www.languageofliberty.com/q_government_adverse_effects_...
www.languageofliberty.com/q_government_adverse_effects_price_controls.htm
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Price controls were part of Israel's stabilization program of July 1985. Some results of the program seem to be inconsistent with competitive macroeconomic models. ... The paper explores the effects of market structure on macroeconomic performance in the presence and absence of price control. ... Economic Report of the President;
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www.nber.org/papers/w2434
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