A Stubborn Folly against the Market
Monday, April 4, 2022
Inflation, a global phenomenon now, is inescapable. But, there are various policy options to mitigate its effects, not to fight it head-on by forcing lower prices.
arsip tempo : 173222579841.
MANY Indonesians have a misconception about how the market’s force set the price of goods in our daily life. It is a common belief among the public that the government should always be able to control prices. And the government, perhaps for the sake of keeping up its popularity, has been trapped into following that fallacious view. And thus, we have various decisions about price control that are oftentimes futile.
The price of g
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