The paper examines the legislation on price regulation in certain industrially developed foreign countries in modern conditions of market economy. The development of the economic theory and practice of price regulation in the XX century in foreign countries is considered. The analysis of regulatory documents regulating prices for products in Austria, Belgium, France; changes in consumer prices in Russia and foreign countries is carried out. It is concluded that in ensuring the socio-economic security of the state, it is necessary to actively search for an economic theory that could become the foundation of a government economic program aimed at improving the welfare of the population.
Contradictions of economic theory: a conflict between theory and practice in the age of digitalization
