The idea that there is a magic legislative wand to wave to solve problems like expensive housing or low pay is a tempting one. But in public policy, magic wands are no substitute for hard work.

The unintended consequences of price ceilings and price floors – American Experiment

The idea that there is a magic legislative wand to wave to solve problems like expensive housing or low pay is a tempting one. But in public policy, magic wands are no substitute for hard work.


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