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Indeed, price controls are one of the most pernicious kinds of government regulation. In an ironic twist, they often lead to higher consumer prices over time because they build inefficiencies into economic transactions and decision-making that end up costing consumers more money in the long run.
How did the IRS fail to utilize modern payment technology that benefits taxpayers?
Alex Brill and Alex Pollock discuss the impact of credit card swipe fees
The two most pro-consumer technological revolutions of the past generation have been the rise of big box stores such as Wal-Mart and the maturation of a global payment card system on which Wal-Mart depends. It's a pity that political progressives are on the wrong side of both these revolutions.
More people can be covered by making the current insurance tax subsidy more fair.
The federal government is a powerful entity, but try as it might it cannot repeal the laws of supply and demand. So don’t blame the drug makers or the banks; blame the politicians in Washington and their inability to see that price "controls" can’t control the larger market.
A government program cannot beat the prices available in a vigorously competitive health care market.
This volume shows that the public policy concerns are not accidental, because such industries often embody two major and widely recognized forms of potential market failure.







