Dr. Ehrlich, call your office

Michael Giberson I ended my semester in “Energy and Environmental Economics” talking about resource optimism and resource pessimism, framed mostly as a big picture debate between Julian Simon and others against Paul Ehrlich and Neo-Malthusians. Simon reports being puzzled at how folks could look at data showing human health and well-being getting better and better … More Dr. Ehrlich, call your office

Economics research topics in price gouging from odd-even rationing to guilt and shame

Michael Giberson Today the Master Resource blog published my list of ten price gouging topics needing economic research. As I point out in the introduction, many economists think price gouging  is too simple to be worth studying. After all, it is just a kind of price cap, and we know how price caps work. My response is that … More Economics research topics in price gouging from odd-even rationing to guilt and shame

New York newspaper says “add shame to penalty for gouging”

Michael Giberson Is price gouging like highway robbery? The Journal News, from the suburbs north of New York City, said: “Add shame to penalty for gouging“: Given the extraordinary cost of just about everything in New York, it is often difficult to distinguish price-gouging, which is both illegal and despicable, from the usual highway robbery, … More New York newspaper says “add shame to penalty for gouging”