The majority of leading economists do not believe price controls from the 1970s would be successful in reducing inflation in the 2020s

Percentage of responses to the statement, "Price controls as deployed in the 1970s could successfully reduce US inflation over the next 12 months."

The IMG Forum survey was administered to 41 leading economists from around the United States and published in February 2022
Chart: Economics Happy HourSource: Chicago Booth Initiative on Global MarketsGet the data