39 of 40 economists: widespread price controls create substantial distortions
SpencrGreenberg · x · 2026-10-05
More from Spencer Greenberg's economist-survey thread:
- Credit card rate caps: In 2025, only 1 of 35 finance economists thought a 10% rate cap would make most users measurably better off; 91% said it would substantially cut low-income credit access.
- Price controls: In 2024, 89% agreed there's little empirical evidence price gouging drives high grocery prices (nobody disagreed); 39 of 40 agreed widespread price controls create substantial economic distortions.
The thread highlights overwhelming expert consensus on interventionist policies.
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