Bob Murphy has an excellent Youtube comment on the failure of government price regulation and why that has caused Gas line in the US after the Hurricane Sandy. Have a look – Bob explains well why government is likely to do more harm than good by regulating prices rather than letting the price mechanism work freely.
Bob Murphy on the failure of price regulation
Posted by Lars Christensen on November 8, 2012
https://marketmonetarist.com/2012/11/08/bob-murphy-on-the-failure-of-price-regulation/
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The Market Monetarist 
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