Prices

Displaying 1 - 10 of 437

How Champions of the Poor Become Tyrants

Bureaucracy and RegulationPricesValue and Exchange

Blog09/28/2018

The unintended consequences of government regulation lead to even more government coercion.

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"Price Gouging" Sends Important Signals About Risk

PricesValue and Exchange

Blog09/14/2018

If local prices are sending the message that everything's perfectly normal, residents may be overly optimistic about the risks they face during natural disasters.

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OPEC’s Dilemma

Global EconomyInterventionismPrices

Blog07/06/2018

The challenge from now on for OPEC and for oil producers is not to seek artificial price inflation, but to improve efficiency. 

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Economics Doesn't 'Measure' or 'Predict', It Explains

Austrian Economics OverviewPricesValue and Exchange

The purpose of economic science is not to resolve all social problems, nor does it have appropriate tools for this. 

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How Not to Address Rising Oil Prices: Lessons from Nixon's Price Controls

Big GovernmentU.S. HistoryPrices

Blog04/26/2018

The crude oil “daisy chain” reseller boom is just one example of the absurdity of the 1970s price controls on the oil and gas sector. 

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Do Austrians Really Reject Empirical Evidence?

PraxeologyPrices

Blog03/28/2018

Statistics and empirical data aren't ignored by Austrians. Rather, they are relegated to their proper place in the economic edifice.

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Did Hayek Really Say that Free Markets Make Consumers Better Informed?

Prices

Blog01/12/2018
The price system conveys the relevant information about the supply and demand for different goods on the market to help consumers better economize.
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Are Crude Oil Prices Becoming Immune to Geopolitics?

Global EconomyPrices

Blog01/11/2018
It no longer seems to be the case that a few countries can control oil prices. In other words, cartels are being even less influential in oil markets.
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School Vouchers Are Basically Food Stamps

Taxes and SpendingPrices

Blog01/04/2018
Governments already use vouchers in many areas, including food and housing. Fortunately, those vouchers only go to a small portion of the population.
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