Prices

Displaying 81 - 90 of 431

Why not double the price?

Blog12/19/2005Llewellyn H. Rockwell Jr.

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 $...

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Gasoline in California

U.S. EconomyPolitical TheoryPrices

Blog11/28/2005 Mises.org

From Mike Davis:

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...

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Only We Are Allowed To Practice Price Fixing: Samsung Edition

Prices

Blog10/14/2005Skip Oliva

Samung to pay $300M fine for DRAM price fixing, Penalty is second largest criminal antitrust fine in U.S. history:

Samsung Electronics Co. Ltd. and its U.S. subsidiary Samsung Semiconductor Inc. have...

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Concise Guide to Price Gouging

Legal SystemCalculation and KnowledgePrices

Blog09/02/2005B.K. Marcus

6. Price Gouging

Price gouging -- charging higher prices under emergency conditions -- evokes strong emotional...

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How to know that the price is too low

Monopoly and CompetitionPrices

Blog08/17/2005Jeffrey A. Tucker

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.

The...

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Price Spreads and Brokers

Prices

Blog03/24/2005Robert P. Murphy

On a recent visit to San Jose State University, I sat in on a Money & Banking lecture by Jeffrey Rogers Hummel. (I am assuming he doesn't mind me discussing this here...) He drew a supply-and-demand diagram for the housing market, and said that due to transactions costs, the number of...

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Long Lines and Cleared Markets

Prices

Blog02/09/2004Thomas J. DiLorenzo

It is sometimes said that long lines at theaters, sports events, and amusement parks are signs of a market that is not clearing and that prices should be raised. In fact, people pay in a combination of money and time costs, that's all. With a moderate-income clientele it makes sense for some...