Legalize sustainable pricing to promote recovery from disasters

Michael Giberson “Price gouging” is by intent a pejorative term. Nobody wants to get gouged, by a price or in any other manner. Analysts advocating or defending price flexibility for key goods and services in disaster struck areas are burdened from the beginning by the derogatory term. In an editorial essay advocating for post-flooding pricing … More Legalize sustainable pricing to promote recovery from disasters

Canada should better integrate electric power markets among provinces

Pierre-Olivier Pineau’s opinion piece in the Montreal Gazette makes a case for greater harmonization of electric power markets among Canadian provinces. … More Canada should better integrate electric power markets among provinces

Economics error: trade makes people “dependent”

Lynne Kiesling I am listening to an NPR story right now on the conflicts over the construction of the new pipeline to bring Canadian heavy crude oil from the tar sands to the US. Steve Inskeep introduced the story by observing that as Canadian tar sands production increases, US consumers will “become more dependent on … More Economics error: trade makes people “dependent”