If Raisi wants to improve the Iranian economy, price controls are where to start
By
Amin Mohseni-Cheraghlou
Lawmakers and government officials in Iran repeatedly revert to the same set of failed populistic economic policies, failing to make short-term sacrifices that benefit the country in the long term. One such policy is price controls, a favorite in the toolkit of Iranian policymakers, who have attempted to control persistently high inflation rates over the past decades, but obviously with no success.