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Hawkonomics

Relating Economic Theory and the Real World

Saturday, February 11, 2012

Price Controls (Ceilings) and Unintended Consequences

The Philippines placed price controls (price ceilings) on pharmaceutical drugs last year and are now facing some unintended consequences as reported by the Wall Street Journal.
Posted by @StaceyLBrook at 7:55 AM
Labels: Price Ceilings

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