Showing posts with label price gouging. Show all posts
Showing posts with label price gouging. Show all posts
Long Lines Caused By Government Price Gouging Laws
by Karl Dickey. New York and New Jersey are not much different from Florida when it comes to one aspect of reacting to a hurricane or major storm - price gouging
laws. What is often hailed as a great idea by the masses and
politicians looking for re-election has become another of government's
unintended consequences. And what dire ... MOREJohn Stossel: In Praise Of Price-Gouging
Getting goods where they are needed most. Desperate New Jersey drivers wait in long lines to buy gasoline. One line was two miles long The media blame “a lack of electricity” and report that “Governor Christie has acted to boost supplies of gasoline…by directing Treasury officials to waive licensing requirements that affect merchants’ ... MOREMatthew Yglesias: Why Price Gouging Is Necessary
Getting supply to where it is needed most. Some more words on price gouging, as New York and New Jersey are increasingly afflicted by gasoline shortages. There are three issues we need to look at here. One is allocation, one is short-term supply, and one is long-term supply. A lot of people seem to want to look at this purely as an allocative ... MOREVIDEO: John Stossel - Defending The Undefendable
Price gouging, ticket scalping, child labor, organ selling, insider trading and more.
John Stossel: Almost Everything We're Taught Is Wrong
Using economics to explode fallacies. We grow up learning that some things are just bad: child labor, ticket scalping, price gouging, kidney selling, blackmail, etc. But maybe they're not. What I love about economics is that it can show that what seems harmful is actually good for society. It illuminates what common sense overlooks. This was the subject of my Fox ... MORE
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