Prices

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All together now: price controls cause shortages!

InterventionismPrices

Blog02/22/2007

Zimbabwe is the latest nation to experiment with price controls as a method to make food affordable. It is an unspeakable tragedy that Zimbabwe's people should...

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The dynamic of interventionism

InterventionismPrices

Blog01/19/2007

The U.S. subsidizes ethanol. Corn prices go up. The new prices hit Mexicans hard. The prez slaps on price controls and threatens speculators.

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Microsoft Accused of "Predatory Pricing" on Security

Legal SystemMonopoly and CompetitionPrices

Blog07/08/2006

This week's eWeek features an article Microsoft Security Pricing: Predatory or Correctional?.

The problem, it seems, is that MS has priced its security products "way below fair...

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"Price Gouging": Setting the Record Straight

Legal SystemInterventionismPrices

Blog05/07/2006

The Washington Post reports that the House of Representatives this week overwhelmingly passed a measure imposing severe penalties for "price gouging," an alleged phenomenon it...

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Price Controls in Argentina, Again!

InterventionismPrices

Blog04/04/2006

The New York Times ran a just-the-facts story about Argentina's increasingly egregious price controls—beginning in browbeating, moving to controls on beef, spreading to all consumer...

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Why not double the price?

Prices

Tim Harford offers an interesting analysis of the great XBox shortage of 2005. They are selling for $300, except that they are not selling because there is a massive shortage. He asks the question: why doesn't Microsoft raise the price...

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Gasoline in California

U.S. EconomyPolitical TheoryPrices

Blog11/28/2005

From Mike Davis:

With the rise of gas prices above the $3 a gallon psychological level, and the record quarterly profits of Exxon Mobil, accusations of price fixing, price gouging and profiteering abound. Big-oil CEO's have been called before a...

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Concise Guide to Price Gouging

Legal SystemCalculation and KnowledgePrices

Blog09/02/2005

6. Price Gouging

Price gouging -- charging higher prices under emergency conditions -- evokes strong emotional...

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How to know that the price is too low

Monopoly and CompetitionPrices

Blog08/17/2005

Thousands show up for computer sale: People trampled, beaten with a folding chair. A woman urinating on herself. The police called, then themselves calling for backup. All to get a bargain.

The...

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