Prices

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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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Price Spreads and Brokers

Prices

Blog03/24/2005

On a recent visit to San Jose State University, I sat in on a Money & Banking lecture by Jeffrey Rogers Hummel. (I am assuming he doesn't mind me discussing this here...) He drew a supply-and-demand diagram for the housing market, and said that due to transactions costs, the number of...

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Long Lines and Cleared Markets

Prices

Blog02/09/2004

It is sometimes said that long lines at theaters, sports events, and amusement parks are signs of a market that is not clearing and that prices should be raised. In fact, people pay in a combination of money and time costs, that's all. With a moderate-income clientele it makes sense for some...

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Austrian Microeconomics

Austrian Microeconomics

Online Course
Taught by Dr. Peter G. Klein, this course provides a systematic overview of Austrian microeconomics.

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Frank A. Fetter, Chapter 20: Business Price Practices and Social Price Policies

PricesPrivate Property

03/31/2017Articles of Interest
Chapter 20: "Business Price Practices and Social Price Policies" from Frank A. Fetter's Economic Principles and Problems .

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