Abstract
Fixing Price and its related policy is an important issue which is
discussed not only in jurisprudential and traditional texts, but also in
economics. With an emphasis on interdisciplinary approach, the
article tends to consider government fixing prices of goods and
services from the epistemological jurisprudence & economics
perspective. Even at the situation of monopoly and hoarding up, the
government is not authorized for fixing prices, as the article tries to
focus on. To come up with the discussion and achieving a
comprehensive understanding over it, nature of price and its position
in economic system is also considered here.
Keywords
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