Anti-price gouging laws and economic efficiency: On Rapp and Skarbek on price gouging

Michael Giberson Geoffrey Rapp, (“Gouging: Terrorist Attacks, Hurricanes, and the Legal and Economic Aspects of Post-Disaster Price Regulation”, Kentucky Law Journal, 2006) expresses concern that fairness-based advocates of anti-price gouging laws and efficiency-minded opponents of such laws have such different approaches to the issue that there is “no way to reach a shared understanding of … More Anti-price gouging laws and economic efficiency: On Rapp and Skarbek on price gouging

Administration abandons airport landing slot auction

Michael Giberson From the New York Times City Room, “U.S. Won’t Auction Airport Landing Slots“: The United States Department of Transportation has canceled a plan to auction landing slots at New York City’s three airports, officials announced on Wednesday, bringing an end to a widely criticized effort by the Bush administration to use market incentives … More Administration abandons airport landing slot auction

Todd Zywicki: the commerce clause is in the Constitution for a reason

Lynne Kiesling I am in violent agreement with my friend Todd Zywicki’s commentary in Wednesday’s Wall Street Journal on the Obama administration’s actions in the Chrysler bankruptcy. In particular, By stepping over the bright line between the rule of law and the arbitrary behavior of men, President Obama may have created a thousand new failing … More Todd Zywicki: the commerce clause is in the Constitution for a reason