[This article is excerpted from the book Forty Centuries of Wage and Price Controls: How Not to Fight Inflation, chapter 2: "The Roman Republic and Empire."] As might be expected, the Roman Republic...
Robert L. Scheuttinger
Robert Schuettinger was educated in a one-room schoolhouse in Charlotte, Vermont. He later studied under Nobel Laureate and Mises Institute founding board member F.A. Hayek at the Committee on Social Thought of the University of Chicago, where he also edited the New Individualist Review with Ralph Raico.
Latest work
Rent-control laws cause housing shortages.
For the past forty-six centuries (at least) governments all over the world have tried to fix wages and prices from time to time. When their efforts failed, as they usually did, governments then put the blame on the wickedness and dishonesty of their subjects, rather than upon the ineffectiveness of the official policy. The same tendencies remain today.
