Mises Wire

Facebook icon
LinkedIn icon
Twitter icon
A
A
< | < | <

Georgia Governor Worsens Local Propane Shortage

0 Views
Don Printz, MD writes:
Georgia Governor Nathan Deal has just signed an executive order enforcing the "price gouging" rule for propane during the cold emergency. That'll certainly encourage new suppliers to enter the market. I remember when some entrepreneurs brought a big supply of drinking water to Charleston, SC, for $5/gallon (usually about $1) after Hurricane Hugo wrecked the city water supply. The state called that price gouging if it were sold for more than $1.25. They sold it...and never returned.

Joseph Salerno is academic vice president of the Mises Institute, professor of economics at Pace University, and editor of the Quarterly Journal of Austrian Economics.

Image source:

Add Comment

Shield icon wire