market prices

Public officials at all levels are pleading with consumers not to hoard basic household necessities like toilet paper, paper towels, cleaning, and sanitizing products, or groceries. There are no problems…

If asked who sets interest rates in for the economy, most of us would answer that the Federal Reserve (the Fed) does. In other words, a government-created central authority “sets”…

Why we oppose the state’s anti-“gouging” law enforcing pre-disaster pricing Laws that forbid price increases during extreme events have bad unintended consequences at the very worst of times. Precisely because…

What is “the market price?” For two people, a buyer and a seller of any products or service, the market price is that price that is mutually agreed upon in…