The Message From NFL Ticket Prices

Through the price system, because many consumers and businesses make buying and selling decisions for the same good or service, price conveys information.

A Water Dilemma

Last week, the Boston area had undrinkable water for several days. Predictably, bottled water sales soared as did bottled water prices in certain stores.  Equally predictably, politicians condemned the increases. Most economists, though, disagreed. As explained by a Boston Globe journalist, price boosters…