Michael Giberson The story in yesterday’s Wall Street Journal on the link between gasoline prices and crude oil prices was a bit frustrating. The article does a reasonable job explaining key pieces of the puzzle, but then fails to assemble the puzzle into something resembling reality. The story is headlined, “Gas Stays High as Oil …
The Wsj’s Confused Story on Gasoline Prices and Crude Oil Prices Read More »
Michael Giberson In a post at the Master Resource blog I point out another problem with anti-price gouging laws: during actual emergency conditions both state governments and consumers likely have much more important things to do that worry about whether particular price increases are unconscionable under the state’s understanding of that term. Among other points, …
Price Gouging Laws Wasted Resources During the Hurricane Irene Emergency Read More »
Lynne Kiesling Today I offer a break in my usual loathing of politics to compliment a politician, not for his political work, but for an intellectually engaging and erudite essay. In Saturday’s Wall Street Journal, Paul Ryan reviewed The Price of Civilization, the new book from Jeffrey Sachs. Sachs is something of a bête noire …
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