Skip to main content

MEI

DonateDonateFacebookTwitterLinkedIn
MEI in the Media

Publications

11 April 2006April 11, 2006

The pernicious effects of price controls

Economic Note on the effects of controls such as floor prices and ceiling prices

The pernicious effects of price controls

Governments in Canada and elsewhere around the world continue to control the prices of many goods and services. These controls, aimed at helping certain producers or portions of society, result in a number of pernicious effects that damage the economy and impair wealth creation. It would be preferable to let prices play their proper role in the economy and to establish other public policies providing direct assistance to those who require such help.

Links of interest

Media release:
Price controls cause inefficiency, says the Montreal Economic Institute

Governments in Canada and elsewhere around the world continue to control the prices of many goods and services. These controls, aimed at helping certain producers or portions of society, result in a number of pernicious effects that damage the economy and impair wealth creation. It would be preferable to let prices play their proper role in the economy and to establish other public policies providing direct assistance to those who require such help.
 


EMAIL FACEBOOK TWITTER LINKEDIN

910 Peel Street, Suite 600
Montreal (Quebec) H3C 2H8
Canada


Telephone: 514-273-0969
E-mail: commentaires@iedm.org

to the top of the page

© IEDM 2019