Understanding the effects of price control or not

image from www.weblogbahamas.comThe Minister of Health and the Minister of Labour have apparently been meeting with some people in the business community over price control.

One Minister outlines the reality of price controls and why they don't work and the other thinks they are good.

Supposedly they were in the same meetings. Go figure.

Price controls have a sordid history.

Most countries have abandoned them and we should too.

Read what the Ministers had to say here…

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