Milton Friedman Daily(@MiltonFriedmanW):Milton Friedman: “Economists don’t know much, but there’s one thing we know very, very well—and that’s how to produce shortages.” “You want a shortage of housing in New York City? Set a maximum price on rent, and you will have a shortage of housing.”

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Milton Friedman Daily@MiltonFriedmanW

2026.05.24 20:38

Milton Friedman: “Economists don’t know much, but there’s one thing we know very, very well—and that’s how to produce shortages.” “You want a shortage of housing in New York City? Set a maximum price on rent, and you will have a shortage of housing.”