Josh Hendrickson on Price Controls
ICLE Academic Affiliate Josh Hendrickson was cited by The Pinnacle Gazette in a story about Vice President Kamala Harris’ price controls proposal. You can read the full piece here.
Harris’s latest move aligns with her aim to capture swing voters, directing her rhetoric toward those who’ve been acutely affected by rising grocery bills. Nevertheless, economists from various political backgrounds highlight key factors—like supply chain disruptions, shifts in consumer demand, and expansive fiscal policies—as the primary culprits behind recent price increases, rather than mere corporate behavior. Joshua Hendrickson, an economist from the University of Mississippi, emphasized this view, explaining how rising prices with expanded profit margins often reflect increased demand rather than corporate exploitation.