America’s anti-price-gouging laws are too minor to be communist
No matter what critics of Kamala Harris allege
![Eggs are pictured.](https://www.economist.com/cdn-cgi/image/width=1424,quality=80,format=auto/content-assets/images/20240824_FNP001.jpg)
Kamala Harris’s price-gouging ban would be the first of its kind nationally in America. It is far from clear that such a policy is required. But it would have precedent at lower levels of government: 37 states have rules to stop firms from “excessive” price rises. Those decrying Ms Harris’s idea as a step towards communism can be reassured that many are Republican strongholds, from Arkansas to Idaho.
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This article appeared in the Finance & economics section of the print edition under the headline “Reds under the bed”
Finance & economics August 24th 2024
- Kamala Harris’s cost-of-living plan will end in failure
- America’s anti-price-gouging laws are too minor to be communist
- America’s recession signals are flashing red. Don’t believe them
- Why don’t women use artificial intelligence?
- Why investors are not buying Europe’s revival
- Investors should avoid a new generation of rip-off ETFs
- Artificial intelligence is losing hype
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