Home / Series / Crash Course / Aired Order / Season 14 / Episode 20

Price Controls, Subsidies, and the Risks of Good Intentions

So, during times of inflation or deflation, why doesn't the government just set prices? It sounds reasonable, but price ceilings or floors just don't work. Adriene and Jacob explain why. Subsidies, however, are a little different, and sometimes they even work. We'll also explain that. Today you'll learn about stuff like price controls, deadweight loss, subsidies, and efficiency.

English
  • Originally Aired January 13, 2016
  • Runtime 10 minutes
  • Created September 10, 2024 by
    LCE
  • Modified September 10, 2024 by
    LCE