Economist David Bahnsen criticizes NYC Mayor Mamdani’s plan for city-run grocery stores, arguing that government intervention in markets historically leads to inflation and reduced standards of living.
Economist David Bahnsen debates NYC Mayor Mamdani’s proposal for city-run grocery stores, asserting government price controls create market distortions. He highlights housing, healthcare and higher education as examples where government involvement drove inflation, not affordability. Bahnsen argues free markets foster competition and higher living standards, making Mamdani’s plan a re-litigation of ‘settled science’ and warns it will not succeed.
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