Restrict supply, subsidize demand, and then declare a market failure. That is how the government has jacked prices through the ceiling in higher education, health care, and housing: Oregon is responding to its housing affordability crisis by doing all the wrong things. The crisis is due to a shortage in supply which in turn is … Continue reading How Governments Break Markets: 1. Restrict Supply 2. Subsidize Demand 3. Declare Market Failure When Prices Soar
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