Gas Prices Are Too Damn High
Co-editor Fred Foldvary explains why gas prices are so high at the moment. David Henderson keeps his eye on the ball when it comes to higher gas prices. Co-blogger Jacques Delacroix has his suspicions...
View ArticleCelebrating Chevron’s Profits
Recently there was a bad fire at the Chevron refinery in Richmond, CA, as you probably know. The refinery will be offline for an unknown period, probably months. Upon reading this, and knowing that...
View ArticlePresident Condemns Price Gougers, Dealers Raided
On one sunny August 16, at a time of high price inflation, government operatives announced the seizure of millions of eggs and 200,000 pounds of sugar. Raids on the larders of other suspected...
View ArticleWhat’s up with Oil and the Saudis?
In case you haven’t noticed, the price of oil has dropped dramatically and has not rebounded as yet. As I write, the price of the most common form of crude oil is under $54 per barrel, about half of...
View ArticleFreeware
Similar to Brandon I’ve began playing around with new statistical packages. Like many libertarian scholars I have my skepticism about the limits of what we can learn from number crunching. I think...
View ArticleFrom the Comments: Money, Currency, and Bitcoins
Dr Gibson chimes in on Chhay Lin‘s most recent post about bitcoins (I hope there will be more): “Unspent dollars means reduced sales, and as sales decline, profits drop, layoffs increase, and the total...
View ArticleOn doing economic history
I admit to being a happy man. While I am in general a smiling sort of fellow, I was delightfully giggling with joy upon hearing that another economic historian (and a fellow Canadian from the LSE to...
View ArticleA Little More on “Price Gouging”
In my previous post on this subject I argued that the critics of “anti price-gouging laws” are mistakenly assuming that is possible to satisfy demand at the pre-natural disaster price. That is, sadly...
View ArticlePrices in Canada since 1688
A few days ago, I received goods news that the Canadian Journal of Economics had accepted my paper that constructed a consumer price index for Canada between 1688 and 1850 from homogeneous sources (the...
View ArticleNightcap
Gilets Jaunes and the age of commuter democracy Andrew Smith, Age of Revolutions Victor Klemperer’s dispatches from interwar Germany Peter Gordon, the Nation Harold Demsetz (1930-2019) and UCLA price...
View ArticleFrom the comments: follow on effects of liability rules?
Far be it from me to to tell anyone how to think, or what a word belonging to everyone really means. But I’m going to quickly indulge in a No True Scotsman-ism. Libertarianism means being skeptical of...
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