If the government restricts supply and subsidizes demand, out-of-control prices, resource shortages, and unpleasant ad hoc coping restrictions will follow. That is the natural (economic) law. The government cannot repeal it. But it can stop its attempt to plan.
Iceland Defeats Great Britain, Again and Again
Iceland successfully defended its territorial waters and defeated the British Royal Navy through non-military tactics across three (some say four) major conflicts known as the Cod Wars between 1958 and 1976. If Iceland were to do this today, the wreck of the Royal...