Brian Albrecht on ‘Fair’ Prices
The National Desk
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ICLE Chief Economist Brian Albrecht was quoted by Sinclair Media’s The National Desk in a story about Vice President Kamala Harris’ proposal to fight “unfair” pricing. You can read the full piece here.
Economists said that price controls are nothing new. According to Brian Albrecht, an economist, any policy that grants the government the power to determine what constitutes a “fair” or “unfair” price is effectively price control, regardless of how it is labeled. “When bureaucrats, not markets, determine acceptable prices, we’re dealing with price controls,” he said.