Crash Course Economics S1E20 - Price Controls, Subsidies, and the Risks of Good Intentions
Crash Course Economics S1E20 - Price Controls, Subsidies, and the Risks of Good Intentions
2.0/10 by 1 users
So, during times of inflation or deflation, why doesn't the government just set prices? It sounds reasonable, but price ceilings or floors just don't work. Adriene and Jacob explain why. Subsidies, however, are a little different, and sometimes they even work. We'll also explain that. Today you'll learn about stuff like price controls, deadweight loss, subsidies, and efficiency.
Released Jul 08, 2015
Runtime 10min
Genre Documentary
Actor Adriene Hill, Jacob Clifford
Director N/A
Production Complexly