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The Economics Of A Russian Oil Price Cap

Por: Forbes Business October 18, 2022

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U.S. Treasury Secretary Janet Yellen speaks during a news conference at IMF headquarters, October ... [+] 14, 2022 in Washington, DC. (Photo by Drew Angerer/Getty Images)Getty Images Economists often oppose price controls, given their predictable consequences: and surpluses. So it is notable that a group of prominent economists recently signed to Treasury Secretary Janet Yellen endorsing a price cap on Russian oil. The economics aren’t so... + full article



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