Price control again?! | Opinion

It is said that Albert Einstein once defined the concept of insanity as follows: “Insanity consists of repeating the same thing over and over again, expecting different results.” Well then, the tirade applies to the present moment. With inflation still at high levels, after so many good people had assured us that inflation would be temporary, and with the prices of food goods growing particularly expressively, the idea of ​​price controls returned to the political discourse. It is an idea that has a strong social appeal, at a time when high prices are particularly damaging to the lower-middle classes — in a country where the social elevator has stagnated and which is beginning to lose the typical upper-middle class of prosperous countries. However, it also corresponds to a political proposal that history has always condemned to failure. Simply put, price controls don’t work.

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