Price Controls, Subsidies, and the Risks of Good Intentions: Crash Course Economics #20

Price Controls, Subsidies, and the Risks of Good Intentions: Crash Course Economics #20

Adriene: Welcome to Crash Course Economics. My name is Adriene Hill Jacob: And I’m Jacob Clifford, and today we’re going to talk about good intentions, and how they can go wrong. Price controls can derail markets. And subsidies can distort them. Adriene: And “deadweight” isn’t just a good description of your ex. [Theme Music] Jacob:…