Comment on India's Steel Price Floor Is A Bad Idea - Why Make Things More Expensive For Consumers?

India's Steel Price Floor Is A Bad Idea - Why Make Things More Expensive For Consumers?

India's economic policy is, in that old English sense, something like a curate's egg*. Parts of it are excellent and others, well, not so much. One example of that not so much is this idea of minimum import prices for certain types of steel. There is a price which the [...]

 

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