Vivvo CMS 4.1 http://www.capitalismmagazine.com/ Capitalism Magazine 15 ©2010 Spoonlabs d.o.o. http://www.capitalismmagazine.com/files.php?file= http://www.capitalismmagazine.com/ http://www.capitalismmagazine.com/economics/price-controls/5373-the-high-cost-of-washington-s-price-manipulation-policy.html Price Controls Fri, 05 Dec 2008 06:00:00 +0000 Maybe it's time for a new approach. How about we start thinking of ways to address this crisis by getting the government out of the business of price manipulation--and let prices, from home values to interest rates, be determined by people's free choices and the law of supply and demand? fa5133d57738e7a777a53b4972659f5f http://www.capitalismmagazine.com/economics/price-controls/5194-in-search-of-villains-for-rising-food-and-oil-prices.html Price Controls Wed, 28 May 2008 05:00:00 +0000 Instead of condemning commodity speculation, we ought to recognize the vital function it serves. Let's look at it with a simplified example that captures the essence of speculation in commodity futures markets. e0b1d86f51b0b625472515a643bc39dd http://www.capitalismmagazine.com/economics/price-controls/4966-what-to-do-about-rising-gas-prices.html Price Controls Thu, 24 May 2007 05:00:00 +0000 With gasoline prices at their highest point in recent years, the knee-jerk response of many is to call for the government to "do something" to force prices lower. But no matter what the price of gasoline is, such calls are wrong. All market fluctuations in the price of gasoline, up or down, are a good thing--and none of the government's business. a1066eee6b21e4ea39b3bf3fcc882f60 http://www.capitalismmagazine.com/economics/price-controls/4683-price-gouging-opportunity-costs-and-the-economics-of-prices.html Price Controls Wed, 31 May 2006 05:00:00 +0000 Historical costs do not determine prices; what economists call opportunity costs do. 091c349b0e74d0edc47b20eb6d67419a http://www.capitalismmagazine.com/economics/price-controls/4673-price-gouging-laws.html Price Controls Thu, 18 May 2006 05:00:00 +0000 "Price gouging" as used today has no objective meaning or definition. 681c1d45988fd64f95b30ddd8aad1247 http://www.capitalismmagazine.com/economics/price-controls/4660-the-missed-debate-over-price-gouging.html Price Controls Thu, 11 May 2006 05:00:00 +0000 It is not ignorance of economics that prompted the House to pass anti-"price-gouging" legislation; economics has nothing to do with it. a54bbd20554e6e2a045ba491214d0b74 http://www.capitalismmagazine.com/economics/price-controls/4658-anti-price-gouging-regulation.html Price Controls Fri, 05 May 2006 05:00:00 +0000 Thirty years ago, Americans let Democrats under Jimmy Carter devastate the American economy by enacting their price controls on energy. The real crime will be that the American people might very well allow the Republicans to make the same mistake today. 8f73539e00438db73e6f7a36708335f4 http://www.capitalismmagazine.com/economics/price-controls/4655-thinking-about-gas-prices.html Price Controls Tue, 09 May 2006 05:00:00 +0000 Amid all the hysteria among politicians and in the media over rising gasoline prices, and all the outraged indignation about oil company profits and their executives' high pay and lavish perks, has anybody bothered to even estimate how much effect any of this actually has on the price we pay at the pump? f3d603cc4af0cef6544aefdbc440c11a http://www.capitalismmagazine.com/economics/price-controls/4650-gas-prices-and-bush-s-appeasenomics.html Price Controls Sun, 30 Apr 2006 05:00:00 +0000 Just as appeasement doesn't work in foreign policy, so it doesn't work against one's domestic critics. It only serves to embolden one's enemies. 740637edf8694cacaf8261deb2d27c4f http://www.capitalismmagazine.com/economics/price-controls/4642-oily-politicians-i-oil-prices-rise-as-oil-drilling-is-restricted-by-politicians.html Price Controls Thu, 27 Apr 2006 05:00:00 +0000 If there is anything worse than partisan demagoguery, it is bipartisan demagoguery. Republican leaders have now joined the Democrats in blaming the oil companies for the fact that prices rise when demand expands more than supply. 7aa10fb729bcc734a7110be189cbe991