My friend Pete tipped me off to this article, which explains that the growing popularity of biofuel production is driving up beer prices. Unfortunately, this "...
Zimbabwe is the latest nation to experiment with price controls as a method to make food affordable. It is an unspeakable tragedy that Zimbabwe's people should end...
The Washington Post reports that the House of Representatives this week overwhelmingly passed a measure imposing severe penalties for "price gouging," an alleged phenomenon it was unable...
The New York Times ran a just-the-facts story about Argentina's increasingly egregious price controls—beginning in browbeating, moving to controls on beef, spreading to all consumer goods, and...
Tim Harford offers an interesting analysis of the great XBox shortage of 2005. They are selling for $300, except that they are not selling because there is a massive shortage. He asks the question: why doesn't Microsoft raise the price to $...
With the rise of gas prices above the $3 a gallon psychological level, and the record quarterly profits of Exxon Mobil, accusations of price fixing, price gouging and profiteering abound. Big-oil CEO's have been called before a...
Thousands show up for computer sale: People trampled, beaten with a folding chair. A woman urinating on herself. The police called, then themselves calling for backup. All to get a bargain.
