Learn how price controls affect the economy with types, real-world examples, and the pros and cons of government-mandated price floors and ceilings.

Karl Marx famously said that history repeats itself first as tragedy, then as farce. Vice President Kamala Harris is bringing that aphorism to life by putting price controls at the center of her ...

Legislation to restrict assessment of credit card interchange fees has been proposed in multiple states this year, but is unlikely to pass in any. Progressive Democrats like Senator Bernie Sanders ...

History has a short memory. In recent weeks, as Vice President Kamala Harris’s policy proposals sparked a national conversation about price-controls, that phenomenon is on full display. Price-controls ...

The narrower version put forward by her campaign is still bad, but much less so than the much broader one floated earlier. Vice President Kamala Harris. (Tom Williams/CQ Roll Call/Newscom) Several ...

The House of Representatives just passed a resolution condemning the “horrors of socialism” by a 285 to 98 margin. All the no votes were cast by Democrats indicating that a majority of the members ...

With the help of its legislature and four successive governors, Connecticut has become a key hub for bioscience. Google the word “CT biotech” and the number of recent news articles about successful ...

Ever since college, I have subscribed to the Enlightenment view of the world, which is based on the belief that knowledge mostly moves forward. Experimentation and scholarship produce facts and ...

Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other Unexpected Places to ...