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Posts Tagged: “price gouging“
Kamala Harris’s Price Controls Could Trigger Food Shortages and Economic Disruption
Despite the left constantly touting the virtues of “science,” democrats like Kamala Harris frequently deny sound economic theory. Her penchant for ignoring economic law is especially frightening when it comes to the theories of prices and price controls, which are recently under attack thanks to the Fed’s inflationary policy. The following article was originally published by the Mises Institute. The […]
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Boeing, Money Printing, and the Military-Industrial Complex
Boeing’s commercial jets struggle, but its military machines thrive, all fueled by endless fiat money.
Banning “Price Gouging” Hurts More Than It Helps
Gov. Ron DeSantis issued a state of emergency for 33 Florida counties on Saturday in anticipation of Hurricane Idalia, thus activating one of the most misguided and counterproductive economic policies imaginable. Yes, with the sweep of his pen, DeSantis banned “price gouging.”
Economics Always Wins in the End: SchiffGold Friday Gold Wrap Sept. 30
With a hurricane barreling toward his home, Friday Gold Wrap podcast host Mike Maharrey called an audible and recorded this week’s show ahead of time. And since the hurricane is in the news, as well as top-of-mind for his family, he uses it as a jumping-off point to talk about some economics including the concept […]
Feelings Trump Economics: Price Gouging Edition
Hurricane Ian is taking aim at Florida. That means there is already talk of “price gouging.” People have a visceral emotional reaction to people raising prices during a disaster. But it is nothing but feelz. In fact, “price gouging” serves an important economic function. Not allowing prices to rise actually causes more harm.
Is Corporate Greed Behind High Gas Prices?
There is a meme floating around social media that seems to prove greedy corporations – specifically oil companies – are the root cause of inflation. How does this meme stack up to reality? Short answer — it doesn’t.
Fun on Friday: Don’t Read the Comments
I know a lot of you come to Fun on Friday for the advice. Well, here are your words of wisdom for today – never read the comments. It will really help your sanity.
Fun on Friday: This Post Blows
As I write this, Hurricane Dorian is taking aim at Florida. What’s fun about that? you might ask. Well, nothing. And I don’t want to minimize the potential for disaster. But the hurricane hasn’t hit yet and the runup to a storm provides a lot of amusement and some educational moments. I just can’t resist.