Mamdani's proposed $70 million city-owned grocery stores promise cheaper eggs and milk. Basic economics suggests the savings may come with hidden costs.

New York City Mayor Zohran Mamdani’s plan to open a slate of government-owned grocery stores stirred up critics who roasted the idea as the democratic socialist’s first step…

The discount will apply to essential groceries such as produce, meat, seafood, pasta, bread, yogurt, butter, nuts, rice, and beans.