Home > Price Controls > Predict The Unintended Consequences, Part…

Predict The Unintended Consequences, Part…

Bernie Sanders wants to impose price ceilings:

Speaking just blocks from Wall Street, Sanders vowed…an array of new protections for consumers. Among other steps, the Vermont senator called for capping interest rates on credit cards at 15 percent and capping ATM fees at $2.

I think I know who he’s trying to help. But hopefully my freshmen students can use what they’ve learned and predict some unintended consequences of these price ceilings.

Categories: Price Controls
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