California is an expensive place to live so many activists inside and outside government want the government to do something about it. Enter the price fixers.
The newest price control effort is on health care in California but that occurs at the same time of an on-going attempt to establish rules for broader rent control.
The problem is that history shows price controls rarely work.
. . .As Stanford economist Milton Friedman said of price and wage controls, “It is a device that governments have repeatedly resorted to try to cover up the effects of their own policies
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