In his State of the Union, President Biden stoked fear of “price gouging” and announced initiatives to use the force of law to stop producers from setting prices they see fit in crucial markets. How does his rationale hold up to scrutiny, and what does it reveal about the administration’s economic and moral values? In this week’s New Ideal Live, join Ben Bayer and Nikos Sotirakopoulos to explore the economic and moral dimensions of the controversy over prices that neither Democrats nor Republicans want to name clearly.