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Goldberg criticizes Mamdani's rent freeze as ignoring centuries of failed price controls

By

Jonah Goldberg

1d ago· 1 min readenOpinion

Summary

Jonah Goldberg criticizes NYC Mayor Zohran Mamdani's proposed citywide rent freeze, arguing that price controls have consistently failed throughout history (spanning 40 centuries of economic lessons). The piece notes that economists broadly oppose the policy, and uses President Truman's quip about wanting a "one-handed economist" to illustrate how unusual this consensus is. The article is a short opinion piece dismissing the rent freeze proposal as ignoring well-established economic principles.

Source

Twitter / XGoldberg criticizes Mamdani's rent freeze as ignoring centuries of failed price controlsthedispatch.com

Key quotes

· 3 pulled
The response from economists can be summarized as 'oy.'
Economists are famous for arguing 'on one hand' this and 'on the other hand' that.
This is why President Truman famously wanted to hire a one-handed economist.
Snippet from the RSS feed
Price controls have failed for thousands of years. That history isn’t deterring progressives.

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