Why not double the price?
Tim Harford offers an interesting analysis of the great XBox shortage of 2005.
Prices
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The Right to Set Your Own Price
Price caps violate the property rights of owners of scarce resources, such as gasoline, writes Chris Westley.
Gas Prices Fact or Fiction: A Primer on Supply and Demand
Tom Lehman writes that the recent upward spike in gasoline prices (particularly those following natural disasters) has unleashed a torrent of theories.
Backdoor Price Controls
They don't tell you want price to set anymore, writes William Anderson. They tell you not to gouge.
The End of Unions
Those of us who appreciate liberty, voluntary exchange, and workers’ property rights to their own labor have long objected to the American organized labor movement. Since the 1930s, this movement has been defined by the AFL-CIO.
How To Create A Shortage
William Anderson says that Hawaii's attempt to place a price control on the wholesale price of gas will lead shortages.
Stable Money: Myth and Reality
Index targeting is widely viewed as a state-of-the-art concept, writes Thorstein Polleit. But in Mises's view, the very idea of measuring price levels toward stabilization is theoretically untenable and politically dangerous.
