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ARE price caps by another name still price caps?
However, price caps are not the remedy.
But price caps would have immediate benefits.
Price caps can also discourage investment and innovation.
Price caps may well suppress the creation of new supply.
Sometimes, as with price caps, they meddle arbitrarily.
If price caps don't increase supply, they cannot relieve shortages.
The economists don't advise adopting price caps indefinitely.
2015 In January price caps on payday lenders took effect.
Besides, he added, "price caps send the wrong signal".
Price caps, they say, can indeed increase supply.
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