The Price of a Promise
Since money always enables a claim on real resources, it provides power in the real world. How it does so, however, is a complicated story mediated by legal and political institutions.
Nathan Collett
Nathan Collett is a graduate research assistant supporting the policy and resilient cities missions of the Climate Project at the Massachusetts Institute of Technology. He is currently pursuing a Master of Science in the Technology and Policy Program at MIT as a Fulbright Scholar.
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Institutional Design of Price Controls in Canada
Market concentration in key sectors, including groceries, transportation, and commodity production renders Canada particularly vulnerable to the threat of sellers’ inflation. As a result, Canada should seize the opportunity before the next major supply shock to implement a Weber-inspired policy playbook.
