A few weeks ago I filled up the tank in my Jeep to the tune of some $55. That was at $3.29 a gallon here in Metro-Detroit. This was the day after Katrina had struck, and my father who had talked to someone “in the know” reported that they were anticipating prices over $4 by the weekend. Everyone was saying this, on the news, on the radio, at the water-cooler… So I gassed up...
I have nothing against strippers, although I think they’re just hookers in a glorified format. They’re basically the same thing, aren’t they? Well, I also think they ought to be able to provide their services wherever they can afford an establishment. I think they ought to have the right to choose their profession as anyone else does, and that there is nothing inherent in their line of work that should allow the state to...
Life. Liberty. Property. On Mises today, I just read probably the most compelling argument against so-called “price-gouging” laws. You can check it out here. Westley initially brings up the same econo-libertarian arguments that many in-the-know have brought up previously, and he says, look, “promote the use of resources in ways that are wasteful. They allow politicians to score points on the economic illiteracy of the masses. In the midst of a disaster situation,...
