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’ ... MORE
Showing posts with label shortage. Show all posts
Showing posts with label shortage. Show all posts
John 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 ... MORETHE BLAZE: Could Oil Reach $440 A Barrel?
It could if history repeats itself. Bob Bandos, president and CEO of GAC North America, a marine logistics and service company headquartered in Dubai, fears that the tension between Iran and the West will lead to an exponential increase in the price of oil. Many Blaze readers are aware of the details: several Western countries have threatened to sanction Iran ... MORERichard N. Weltz: Government Just Messes Things Up
How's all that government meddling working out for ya? Back in the heyday of the old Soviet Union an agricultural commissar from the Ukraine was summoned to the Agricultural Ministry in Moscow to report on the year's potato crop. "Ah, Comrade Minister," said the commissar, beaming, "If all the potatoes harvested this year were put into a single pile .... MORERobert M Goldberg: Obama Orders Drug Shortages
Misguided executive order will hurt Americans. With much fanfare and media attention, President Obama signed an executive order instructing the FDA to step up work to reduce current drug shortages and protect consumers. It's hard to argue with exercising presidential leadership to ensure cancer patients don't die waiting for drugs that could save their lives. ... MORE
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