"The forces of the market are just that: They are forces; they are like the wind and the tides; they are things that if you want to try to ignore them, you ignore them at your peril, and ... if you find a way of ordering your life that is compatible with these forces, indeed which harnesses these forces to the benefit of your society, that's the way to go." -- Arnold Harberger, University of Chicago Economist
Wednesday, October 22, 2008
Editorial video on "price gouging" during hurricane season
In this editorial James Smith, General Manager and Vice President of KSLA-TV Shreveport, argues that anytime a hurricane enters the Gulf of Mexico the price of gas should be frozen. Do you think this is a good idea?