Recent foreign policy adventures in Venezuela, Gaza, Greenland, Denmark, Iran, and Russia have diverted attention from ...

Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. Shortages are most damaging when they involve basic ...

They could not be more wrong. When a government (or a cartel) dictates a price that is different from what the market would produce, the result is invariably shortages, lower-quality products or a ...