We love when readers send us material and ideas. Here’s an amazing and timely free-market history lesson that even we weren’t aware of:

With inflation above the Fed’s 2% target and consumers still feeling the painful effects of the Biden 21% rise in the price level, Congress and even some in the White House want to impose price controls on energy, health care, and credit cards, to name a few.

Here is a resolution that the Continental Congress passed on June 4, 1778, recommending that the states repeal all price controls:

Here’s to hoping our present day pols have the wisdom to steer away from these “evil consequences.”