Hurricane: Florida AG to Prosecute “Price Gougers”
Floridians could end up facing unnecessary hardship, because its state government does not understand basic economics.
Prices
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Spreadsheets Can Not Replace the Market Process
The problem with the Excel spreadsheet approach is not the intentions of policymakers, but that such tools cannot possibly replace the market process.
Price Controls Are Disastrous for Venezuela, and Everywhere Else
Many of Venezuela's woes stem from the Venezuelan state's reliance on price controls to enact its socialist goals. Famine has resulted.
Britain’s Minimum Wage Short-Changes Young Workers
In the UK, a national minimum wage was introduced in 1999. Things have been getting worse for young workers ever since.
The Market is True Democracy
An "I voted" sticker is no substitute for a simple receipt.
Stiglitz Is Wrong About Marginal Pricing
Rising income inequality and concentration of resources into fewer large firms are not a problem for marginal-pricing theory.
Four Reasons Why Government Spending Is Even Worse Than Taxes
The way that government collects taxes is awful. The process of spending it is even worse.
How the Government is Destroying the World’s Best Oysters
Decades of government mismanagement has wreaked havoc on the Apalachicola oyster industry.
The Drug War Drives Users to More Dangerous Synthetic Drugs
Synthetic marijuana is more dangerous and unpredictable than the ordinary kind. It exists because the Drug War has made cheaper, more potent drugs more profitable. And on a black market, safety is not the seller's chief concern.
