Comments on: Retail gasoline stations shutting down to avoid price gouging complaints http://knowledgeproblem.com/2009/09/15/retail-gasoline-stations-shutting-down-to-avoid-price-gouging-complaints/ Commentary on Economics, Information and Human Action Fri, 10 Feb 2012 04:58:33 +0000 hourly 1 http://wordpress.com/ By: “Gas station owners were surprisingly altruistic during that time of crisis” « Knowledge Problem http://knowledgeproblem.com/2009/09/15/retail-gasoline-stations-shutting-down-to-avoid-price-gouging-complaints/#comment-9577 Sat, 26 Sep 2009 15:54:02 +0000 http://knowledgeproblem.com/?p=5444#comment-9577 [...] this post: Another case of the predictable consequence of anti-price gouging laws. (See related posts.) Leave a [...]

]]> By: Justice, promoting virtue and price gouging « Knowledge Problem http://knowledgeproblem.com/2009/09/15/retail-gasoline-stations-shutting-down-to-avoid-price-gouging-complaints/#comment-9528 Mon, 21 Sep 2009 14:17:47 +0000 http://knowledgeproblem.com/?p=5444#comment-9528 [...] which are necessarily more damaging to the community?  It is increasingly becoming clear that penalties for price gouging are encouraging these more harmful reactions by merchants, so it appears that “promoting virtue” may require more forceful government [...]

]]> By: Justice…. « SteveMcErleane'sBlog http://knowledgeproblem.com/2009/09/15/retail-gasoline-stations-shutting-down-to-avoid-price-gouging-complaints/#comment-9516 Fri, 18 Sep 2009 17:04:50 +0000 http://knowledgeproblem.com/?p=5444#comment-9516 [...]  Who makes out? The people who get there first? Sometimes.  These laws could just shut down the whole show.  But if retailers don’t close out of fear then yeah, the goods go to those that get there [...]

]]> By: Reverend Draco (First Pagan Science Church) http://knowledgeproblem.com/2009/09/15/retail-gasoline-stations-shutting-down-to-avoid-price-gouging-complaints/#comment-9507 Thu, 17 Sep 2009 16:04:31 +0000 http://knowledgeproblem.com/?p=5444#comment-9507 I don’t understand all the hoohah. . . they’ve been price gouging for years, only now it’s a problem? This should have been put a stop to long ago. . . waiting until now to make an issue of the problem makes light of the true problem, and scapegoats a few to protect the rest.
They ALL price-gouge, every freaking day!

]]> By: adaptune http://knowledgeproblem.com/2009/09/15/retail-gasoline-stations-shutting-down-to-avoid-price-gouging-complaints/#comment-9506 Thu, 17 Sep 2009 12:15:49 +0000 http://knowledgeproblem.com/?p=5444#comment-9506 “While no economic logic forces a company going to extraordinary lengths to obtain supplies to pass through all costs in higher prices,…” I couldn’t disagree more! If the gas station owner has to pay X for a load of gas, can sell it for Y, and the difference gives him a net profit of $.10 per hour, he’s gonna stay home. If that’s not “economic logic”, what is? Excellent article overall, though.

]]> By: John and Dagny Galt http://knowledgeproblem.com/2009/09/15/retail-gasoline-stations-shutting-down-to-avoid-price-gouging-complaints/#comment-9505 Thu, 17 Sep 2009 12:05:50 +0000 http://knowledgeproblem.com/?p=5444#comment-9505 Dear Brothers and Sisters, Sons and Daughters of Liberty,

There are only two types of human beings.

One type just wants everyone to leave everyone else alone and these humans are students and advocates of the Philosophically Mature Non-Aggression Principle.

The other type refuses to leave others alone and these humans are the Mobocracy Looter Minions with their hords of bureaucrats, jackboots, and mercenaries that perpetuate the perpetration of the loot and booty gravy-train. Rob-peter-to-buy-paul’s-vote bread and circuses of the doomed Amerikan Empire.

You are either the one…or the other.

The John Galt Solution of Starving The Monkeys is the only solution. Stop funding and forging your own chains and shackles. What are you leaving for your children and grandchildren and prodigy!?!

The Mobocracy Looter Minions must be allowed to consume everything around them, then each other, and finally themselves. There is no other way. Ayn Rand wrote about it over fifty years ago and it rings as soundly today as it did then.

Get your copy of Starving The Monkeys by Tom Baugh today, before the book is banned and the author is hunted down and Vince Fostered!

Sincerely,
John and Dagny Galt
Atlas Shrugged, Owner’s Manual For The Universe!(tm)

http://www.starvingthemonkeys.com/

http://voluntaryist.com/fundamentals/introduction.php

.

]]> By: Heuristic http://knowledgeproblem.com/2009/09/15/retail-gasoline-stations-shutting-down-to-avoid-price-gouging-complaints/#comment-9504 Thu, 17 Sep 2009 09:27:45 +0000 http://knowledgeproblem.com/?p=5444#comment-9504 Cool. Let the people who vote for such politicians go without. All the stations should shut down.

]]> By: Steve McErleane http://knowledgeproblem.com/2009/09/15/retail-gasoline-stations-shutting-down-to-avoid-price-gouging-complaints/#comment-9483 Tue, 15 Sep 2009 21:28:55 +0000 http://knowledgeproblem.com/?p=5444#comment-9483 maddening

]]> By: Skip http://knowledgeproblem.com/2009/09/15/retail-gasoline-stations-shutting-down-to-avoid-price-gouging-complaints/#comment-9450 Mon, 14 Sep 2009 22:02:19 +0000 http://knowledgeproblem.com/?p=5444#comment-9450 It’s a shame that McMaster is viewed as being one of the “more reasonable” politicians in SC. If by “more reasonable” one means a pol who effectively exploits populist sentiment in spite of the public cost of his actions, I suppose that’s accurate, but it’s still a shame.

]]>