The one-sided debate over price gouging

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, … More The one-sided debate over price gouging

In which the author explains the likely origin of the idea for a professional code of ethics among economists

Michael Giberson For more economists caught in the act of navel gazing, check out The Economist‘s forum on the question of whether economists need a professional code of ethics. If you want some background, the urge for a code of ethics came about something like this: Since the end of 2008, economists have been professionally embarrassed by … More In which the author explains the likely origin of the idea for a professional code of ethics among economists