A look at Iran’s economic history shows command pricing has been the mother of all the evils of the economy over the past half century. Here, evil does not imply financial corruption alone; it refers to moral gangrene that leads to the squandering and misuse of resources.
Government-mandated pricing policy is evident in almost all markets, but it has been one of the key causes of moral gangrene in our national economy in the past half century, economist Mousa Ghaninejad prefaced his article for the Persian economic daily Donya-e-Eqtesad with this note.
A translation of the rest of the text follows...
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