Price Controls: How the US Has Used Them and How They Can Help Shape Industries
November 16, 2021
By Todd N. Tucker
As the rate of transmission of COVID-19 lessens and workers return to jobs, demand for numerous goods and services is rising far above where it was in the policy-induced frozen economy. However, due to just-in-time production methods and trade imbalances—for example, countries like China exporting far more to the US than vice versa—everything from shipping containers to computer chips is located in the “wrong” place.
In “Price Controls: How the US Has Used Them and How They Can Help Shape Industries,” Todd N. Tucker answers questions about price controls, including:
- what they are;
- how they work;
- arguments for and against them;
- how they have been used by the US in the past; and
- how they could be used today.
Author
Todd Tucker
Director, Industrial Policy and TradeAs director of Industrial Policy and Trade, Dr. Tucker, a political scientist, helps lead Roosevelt's work on the role of governance and institutions (both national and international) in facilitating economic transformation.