shortages

August 29, 2018

Why You Might Want Some “Price Gouging”

Called "price gouging" by many of us, an increase in prices as a hurricane approaches could be a productive incentive for supply and demand.

April 11, 2018

Does Rent Control Really Control Rent?

When cities like San Francisco pass rent control legislation to create affordable housing, they could wind up with unintended consequences.

March 11, 2014

Venezuela Has Cheap Gas But No Cars

At the official exchange rate, Venezuelans pay 5 cents a gallon for premium gasoline while the real price is closer to one half penny a gallon. The […]