Re:The Suicide of Venezuela
by riffraff on Friday April 29, 2016 @03:43AM
(#11594308)
there is a difference between prices controlled in the interest of the the buyer or the seller.
For example, in many countries, professional lobbies (lawyers, doctors) influence their set price to what they deem "fair" which means it's in their interest as providers.
This is different from the government setting a maximum price on soap and milk, which is in the interest of the buyer but not the seller.
Taxis are special again, as they often exist in a state of government-controlled monopoly (i.e. taxi licenses are restricted).
For example, in many countries, professional lobbies (lawyers, doctors) influence their set price to what they deem "fair" which means it's in their interest as providers.
This is different from the government setting a maximum price on soap and milk, which is in the interest of the buyer but not the seller.
Taxis are special again, as they often exist in a state of government-controlled monopoly (i.e. taxi licenses are restricted).