Croatia is trying a Roman emperor’s price cap to tame inflation. Will it work?
Croatia is trying a Roman emperor’s price cap to tame inflation. Will it work?
In an attempt to curb soaring prices, the Croatian government has introduced price controls on essential supermarket items like bread, pork, and shampoo, allowing fines up to €30,000 for non-compliance. The move mirrors Emperor Diocletian's failed price edict from AD 301, raising concerns about potential market disruptions.
In an attempt to curb soaring prices, the Croatian government has introduced price controls on essential supermarket items like bread, pork, and shampoo, allowing fines up to €30,000 for non-compliance. The move mirrors Emperor Diocletian's failed price edict from AD 301, raising concerns about potential market disruptions.