Not much seems to be working yet to slow inflation down. The old idea of price controls is getting new attention, says jasonzweigwsj, but it’s not an easy fix.
Is it time for the U.S. government to impose price controls? History shows that past attempts to rein in rampant inflation with such measures have sometimes worked—when there’s a national will to see them succeed.
Airlines, gas stations and retailers use complex algorithms to adjust their prices in response to cost, demand and competition. WSJ’s Charity Scott explains what dynamic pricing is and why companies are using it more often. Illustration: Adele MorganIn the war against inflation, an old weapon is getting new consideration.
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