Ep. 338 The Problems With Kamala Harris’ Anti-Price Gouging Proposal
Bob goes solo to give the standard critique of price ceilings, and then addresses specific responses from progressive supporters of Harris.
Mentioned in the Episode and Other Links of Interest:
- Bob’s infineo article critiquing Harris’ proposal.
- An academic paper justifying “price controls” in Germany that weren’t really price controls.
- Details for the 2024 ExPat Money Summit.
- Help support the Bob Murphy Show.
About the author, Robert
Christian and economist, Chief Economist at infineo, and Senior Fellow with the Mises Institute.
On the topic of government economists manipulating economic statistics, Jeff Herbener gave a talk many years ago. It might have been this one:
https://youtu.be/uyql_Kvq85Q?si=ZZ8uNDFU2G_Hm1ap
and he recounts an anecdote from his college days when a visiting rep from the BLS came and candidly told the students that they were often asked to massage the econometrics by higher-ups. He laughed it off and told the students that his colleagues referred to this as “invoking the Omega factor” or something like that.