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Pretty much. Because the point about economic efficiency and price controls rests completely on the supply side. Controls shifting the demand curve in the short term has nothing to do with efficiency.
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Who's defining efficiency?
Earlier you said -
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Its just a question of whether you are going to allow producers to gather the full rent from a short-term disjunction of supply and demand.
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I'm curious -- do you believe producers should be able to gather the full rent from a
long term disjunction?
You also stated -
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In a short term situation, supply will never shift like this.
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It's amazing how quickly supply can change --
if you allow prices to change.
Unlike some -- I don't believe the supply chain is stocked because people are benevolent.