Brian Albrecht

Brian Albrecht

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Economist; competition/info econ; macro commentary and charts

Price Controls Trigger Chaotic, Uneven Resource Allocation
SocialFeb 12, 2026

Price Controls Trigger Chaotic, Uneven Resource Allocation

I'm super excited for my new paper with @ATabarrok and Mark Whitmeyer: "Chaos and Misallocation under Price Controls" During the 1973-74 gasoline crisis, the U.S. had about a 9 percent national shortfall. But that was far from evenly spread out. Over...

By Brian Albrecht