Wage and price controls (user search)
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May 23, 2024, 02:48:47 PM
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  Wage and price controls (search mode)
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Question: Freedom Policy or Horrible Policy?
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Total Voters: 18

Author Topic: Wage and price controls  (Read 325 times)
parochial boy
parochial_boy
Junior Chimp
*****
Posts: 5,115


Political Matrix
E: -8.38, S: -6.78

« on: August 03, 2017, 02:45:20 PM »

have they ever worked, anywhere, ever?
Yes...?
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parochial boy
parochial_boy
Junior Chimp
*****
Posts: 5,115


Political Matrix
E: -8.38, S: -6.78

« Reply #1 on: August 03, 2017, 03:18:13 PM »

oh, well, with info like that everybody is going to change their opinion!  Thanks man.

Well this clearly isn't a thread that is going to involve any informed discussion is it?

"FF"
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parochial boy
parochial_boy
Junior Chimp
*****
Posts: 5,115


Political Matrix
E: -8.38, S: -6.78

« Reply #2 on: August 03, 2017, 03:37:48 PM »


If you're not talking about the minimum wage, I would love to see some examples.

The French healthcare system has procurement price caps, and is arguably the best in the world in terms of quality.

most nationalised public services include some degree of implied price control.

Switzerland has a wage control system in place over executive pay, which has hardly caused multinationals to flee the country

The fair trade movement has been wildly succesful as a form of minimum pricing

I mean, the question is fundamentally meaningless without first defining what you mean by wage and price controls, and then defining what criteria you count as a success. Does any negative externality nullify the achievments of such controls?
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