Retail Gasoline Stations Shutting Down to Avoid Price Gouging Complaints

Michael Giberson From Columbia, South Carolina’s The State newspaper, more evidence of the predictable effects of anti-price gouging laws: A day after drivers began a panic-buying run on gas, S.C. Attorney General Henry McMaster invoked the state’s price-gouging law with fines up to $1,000 per offense and up to 30 days in jail. Hotlines were … More Retail Gasoline Stations Shutting Down to Avoid Price Gouging Complaints

Recessions: An Especially Bad Time to Impose Bad Public Policies

Michael Giberson The WSJ‘s Real Time Economics blog surveyed a few economist reactions to the President’s imposition of dramatically higher tariffs on imported tires.  My favorite, and perhaps most appropriate to our times: In 1930, the Republican controlled House of Rep, in an effort to alleviate the effects of the… Anyone? Anyone?… the Great Depression, … More Recessions: An Especially Bad Time to Impose Bad Public Policies