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Ones and Tooze

Should the Government Be in the Business of Price Controls?

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Ones and Tooze Override Photo

Also on the show: The economics of the Beatles vs. the Rolling Stones.

A professor at the University of Massachusetts Amherst touched off a heated debate among economists recently with her call for the U.S. government to fight inflation by setting rules for what private firms are allowed to charge customers—a practice known as price controlling. Isabella Weber’s piece in the Guardian prompted a harsh response on social media. On Ones and Tooze this week, Cameron Abadi and Adam Tooze explain how price controls work and why they’re so contentious.

Also on the show, our hosts explore a new angle in the timeless debate about which band was better, the Beatles or the Rolling Stones—the economics of their success. Disclosure: Tooze is a Stones die-hard, while Abadi favors the Beatles.

About Ones and Tooze:  Foreign Policy economics columnist Adam Tooze, a history professor and a popular author, is encyclopedic about basically everything: from the COVID shutdown, to climate change, to pasta sauce. On our new podcast, Tooze and FP deputy editor Cameron Abadi will look at two data points each week that explain the world: one drawn from the week’s headlines and the other from just about anywhere else Tooze takes us. Check out Adam Tooze’s column here.  See All Episodes

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More Ones and Tooze episodes:

The Fed Interest Rate Hike

Plus: Colombia’s critical election on Sunday.

Why the Russia-Ukraine War Has Germany Worried About Bunkers

Plus: The Faroe Islands and the economics of tiny governments.

How Banning Abortion Affects the Economic Lives of Women

Plus: Why the economy today reminds us of the 1970s—and why it doesn’t.

Other Foreign Policy podcasts:

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The Hidden Economics of Remarkable Women (HERO)

A Foreign Policy series about women creating change through economic empowerment, hosted by Reena Ninan. This season, you’ll hear from people reforming marital laws in South Africa and property rights in Kenya—and how victories in both places could unlock women’s financial potential. Also, what microfinance strategies work best, and why better lending practices could be huge for small and medium-sized enterprises—accounting for a shocking 90% of businesses globally. HER♀ is a Foreign Policy production made possible through funding from the Bill & Melinda Gates Foundation. [video width="1920" height="1080" mp4="https://foreignpolicy.com/wp-content/uploads/2022/03/HERO-Video-TRIMMED.mp4"][/video] Celebrate remarkable women wherever you go. Ten lucky listeners will receive a digital download poster of our beautifully illustrated logo. Enter into this giveaway by writing a review on Apple Podcasts and clicking here.

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I Spy

I Spy

Spies don’t talk—it’s the cardinal rule of the business. But here at Foreign Policy, we get them to open up. On I Spy, we hear from the operations people: the spies who steal secrets, who kill adversaries, who turn agents into double agents. Each episode features one spy telling the story of one operation. Want swag? Check out I Spy's merch by clicking here.

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To learn more about creating a podcast with FP Studios, contact Andrew Sollinger at andrew.sollinger@foreignpolicy.com.

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