Should the government regulate prices? why or why not?

Question

Should the government regulate prices? why or why not?

Answer 1

No.  If something's in high demand, it  ought to

command a high price when it's in short supply.

If prices go "too  high" , that's when you can

get alternatives looking attractive and that would

get  a more diversified market in whatever it is

you're talking about.  

Consumers ought to control prices by being

risk-takers in trying alternatives to things which

become higher-priced than they think they

like  paying. Sometimes sellers should control

prices in order to suppress alternatives.

Government should take a flying  "israeli" at a

rolling do-nut.