Price Control, Price Gougers Archives — News From London, Ontario, And Beyond

Price Controls Have Failed for 4,000 Years—and Humans Still Haven’t Learned

September 21, 2022 – Jon Miltimore …… The people of ancient Eshnunna can be forgiven for not understanding why price controls are harmful. Today’s policymakers, who have the benefit of history and economics, have no excuse. Continue reading →

The Loudest Complaints About Price Gouging Come from the Worst Offenders: Politicians … Like Doug Ford

April 23, 2020 – Lee Friday …… Ontario Premier Doug Ford’s holier-than-thou diatribe reveals a political double standard. Continue reading →

Toilet Paper Econ 101

April 11, 2020 – Dan Sanchez …… The real mystery is full shelves, not empty ones. Continue reading →

Why Rationing Food Instead of Raising Prices Could Be Exposing More People to COVID-19

April 11, 2020 – Jonathan Miltimore …… If millions of Americans are making more trips to the grocery because of anti-price gouging laws or sentiment, it would be a sad irony. Continue reading →

Thank Goodness for Price Gougers

April 11, 2020 – Steve Patterson …… Who should get the last gallon of milk? Continue reading →

Why We Need Free Markets To Fight Pandemics

April 2, 2020 – Matthew Tanous …… What needs to be done in such a crisis is not to attempt to steer the market to ensure it provides what is needed, but to let it free to do what it always does: match the goals of entrepreneurial producers with the needs of the populace. Continue reading →

Panic Has Led to Government “Cures” That Are Worse than the Disease, History Shows

March 21, 2020 – Jon Miltimore …… Let’s take the novel coronavirus seriously, but let’s not throw reason, prudence, or the Constitution out the window. Continue reading →

Anti-Gouging Laws Are the Reason There Is a Toilet Paper Shortage

March 17, 2020 – Sandra Klein …… Producers haven’t stopped making toilet paper. But anti-gouging laws in many places prevent prices from rising to dissuade your neighbor from buying three hundred rolls at the regular price while others in greater need can’t find any at all. Continue reading →

We Need More Housing, Not More Rent Control

February 13, 2020 – José Niño …… Blinded by their zeal to save the masses from the “excesses” of greedy landlords, politicians are ignoring the regulatory state that keeps housing prices on the rise. Continue reading →

PG&E’s Failures Show the Dangers of Government-Imposed Utility Monopolies

November 12, 2019 – Robert P. Murphy …… The reason PG&E can get away with such outrageous mismanagement is that the California government literally guarantees them their business. Continue reading →