The Fastest Road to Disaster: Gas-Price Cap

Americans appear to have forgotten the energy nightmare of the 1970s, its economic lessons and the fistfights that broke out while waiting in long gas lines to fill up.

How else can you explain the results of a recent survey that suggests large numbers of the U.S. population actually want to bring back mandatory caps on the cost of fuel?

Apparently, these Americans are nostalgic because they want to bring this bright spot of the 1970s back again. According to a Gallup poll published May 28, 53% support government imposed price controls. ...