Lynne Kiesling Some Friday fun listening from Nashville-based Radar vs. Wolf, a video from their debut album! [youtube=http://www.youtube.com/watch?feature=player_embedded&v=qOc9y0gR3Oc] Radar vs. Wolf singer/songwriter James Bratton recently wrote a post on Bleeding Heart Libertarians articulating his particular take on political philosophy, and it’s a take I find congenial. Especially this part: Why would I give them the …
Michael Giberson Two foreign policy initiatives, both began in mid-March, one a year old and the other started ten years ago, have had dramatically different effects on the world. Eric Shierman celebrates the wiser of the two efforts: I have considered writing about the Iraq War on the tenth anniversary of our collective, bi-partisan decision …
Michael Giberson Marc Gunther has a good brief profile, “John Mackey: hippie, libertarian, CEO.” I haven’t read Mackey’s new book yet, but may try it this summer. If nothing else, Mackey will provide an interesting counter to Milton Friedman’s famous views on what is now called “corporate social responsibility.” But Gunther’s essay makes an curious …
Marc Gunther Profiles Whole Foods Ceo John Mackey Read More »
Lynne Kiesling I’d like to offer an enthusiastic hat tip to Popehat for writing the blog post that I had worked on all weekend in my head, but couldn’t pull off that incisively. Over the weekend the Volokh Conspiracy’s resident authoritarian and author of TSA policies, Stewart Baker, wrote a bizarre post expressing his bewilderment …
Michael Giberson A graphic illustrating states with price gouging laws (blue) and states without them (gold). For a list of the states with citations and related notes, see my earlier “List of States With Anti-Price Gouging Laws.” So far as I know, the only serious attempt to explain why some states do have price …
Michael Giberson At least the Governor understands that emergencies can drive costs up. We’ll see if this understanding goes beyond the expenditure of public funds to include excess costs faced by small business in New Jersey once the state gets around to prosecuting price gouging cases in earnest. Christie tax story here. One example of …
Headline: “Gov. Christie Expects Property Taxes to Rise in Sandy-ravaged Areas” Read More »
Michael Giberson Something new in the realm of price gouging law enforcement: speedy action. Frequently states begin investigations of consumer complaints only after the emergency is over, conclude investigations months later, and then begin negotiating some sort of settlement with accused stations. You may recall that New Jersey only finally reached a conclusion in its …
New Jersey Moves Rapidly on Price Gouging Investigations Read More »
Michael Giberson At Fiscal Times, economist Mark Thoma discusses price gouging and fairness and capitalism. I hoped Thoma had provided the thoughtful defense of price gouging restrictions that John Carney was looking for. Thoma didn’t really–he had a weightier topic in mind and price gouging was just a lever he used to pry open the …
Michael Giberson An excerpt from a Thomas Sowell column on price gouging: Charges of “price gouging” usually arise when prices are significantly higher than what people have been used to…. This raises questions that go to the heart of economics: What are prices for? What role do they play in the economy? Prices are not …
Michael Giberson John Carney proposes declaration of free-trade zones for gasoline in shortage-afflicted areas. Prices could stay regulated elsewhere, but consumers and merchants would gain the option to trade at higher prices within the zones. Great idea, but there is zero chance that very visible politicians will want to be upstaged by an invisible hand, …
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