To allocate scarce resources-free-market capitalism

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Why would the gov't want to limit gas price increases? Isn't that exactly what we want to happen (price increases), to allocate scarce resources?

Is the gov't in the 'price control' business, and if they are, how does this work, in free-market capitalism? Are we contradicting ourselves?

Why not just control all prices, all the time?

Reference no: EM13833169

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