To: Moonman62
'Price gouging' in Florida
Thomas Sowell
http://www.townhall.com/columnists/thomassowell/ts20040914.shtml
"It is essentially the same story when stores are selling ice, plywood, gasoline, or other things for prices that reflect today's supply and demand, rather than yesterday's supply and demand. Price controls will not cause new supplies to be rushed in nearly as fast as higher prices will."
78 posted on
09/02/2005 11:18:50 PM PDT by
endthematrix
("an ominous vacancy"...I mean, JOHN ROBERTS now fills this space!)
To: endthematrix
"It is essentially the same story when stores are selling ice, plywood, gasoline, or other things for prices that reflect today's supply and demand, rather than yesterday's supply and demand. Price controls will not cause new supplies to be rushed in nearly as fast as higher prices will." Thomas Sowell is a great guy, but he is mischaracterizing the law in Florida. It isn't a price control. And while the AG may get many complaints few of them get prosecuted.
90 posted on
09/02/2005 11:30:31 PM PDT by
Moonman62
(Federal creed: If it moves tax it. If it keeps moving regulate it. If it stops moving subsidize it)
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