States have some ridiculous laws on the books, but some of the most interesting, popular, and ridiculous are those on price regulation.
(K. Grease's own state, NC, has an egregious version). If there is not enough ice or batteries at high prices, how will there be enough at artificially low prices? (Walter Williams, John Hood, and Arnold Kling, on same) (see, for a little different view, Tyler Cowen)
Anti-scalping laws have created an entire industry focused on the secondary black market.
Why can’t we just all get along…with markets?