Let's take a closer look at an example. A price ceiling is the maximum price that can be charged. If the price is set below the equilibrium price, the price ceiling is said to be effective (or binding).
Criminal vagrancy laws were originally aimed at those wanderers and. beggars physically capable of working.24 However, in 1744 vagrancy. crimes were divided into three classes: idle and disorderly persons, rogues and vagabonds, and incorrigible rogues.
As one Supreme Court justice would write in 1965, vagrancy-related laws made it legal to stand on a street corner âonly at the whim of any police officer.â Second, vagrancy laws made it a crime to be a certain type of personâanyone who fit the description of one of those colorful Elizabethan characters.