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.
âPig Lawsâ unfairly penalized poor African Americans for crimes such as stealing a farm animal. And vagrancy statutes made it a crime to be unemployed. Many misdemeanors or trivial offenses were treated as felonies, with harsh sentences and fines. The Pig Laws stayed on the books for decades, and were expanded with even more discriminatory laws once the Jim Crow era began.