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Isabella Weber, economics, discussed price controls and their effects on inflation on a recent episode of the Financial Times' The Economics Show with Soumaya Keynes. 

"So, all that I'm arguing is that we need a new mindset of economic disaster preparedness because, in these times of emergencies, you cannot assume that markets will work as you imagine them to work in normal times. You cannot assume that markets are always the best tool to deal with the threats of shortages," says Weber. 

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