Moral Hazard and City Location

Lynne Kiesling One of the themes of post-Katrina punditry has been “why build a city below sea level and between three bodies of water?” Think about the history of the US, or for that matter, the Netherlands. The critical growth occurred at a time when waterways were the primary means of transportation (the 17th century … More Moral Hazard and City LocationMore Moral Hazard and City Location

Kevin Brancato on “Price Gouging”

Lynne Kiesling Kevin at Truck & Barter has a Q&A with himself on “price gouging”. Well worth the read; he summarizes the economic arguments nicely. Feel free to forward it to you member of Congress.