Keyword: price control

Censoring Pleas for Help (1/23/1999)

Price control after natural disasters may misallocate scarce resources to less urgent needs

Keywords: censorship, electric generator, morality, natural disaster, price control, price gouging, profiteering

Hedging Inflation with Prostitution (1/30/2015)

Prostitution has proven to be an effective hedge against high inflation induced by subsidies and price control in Venezuela.

Keywords: Bolivar, currency trader, devaluation, dollar, exchange rate, inflation, inflation hedge, price control, prostitutes, Smuggling, subsidized gas, Venezuela

One-Price Law – Making an Illegal Buck (2/27/2007)

Artificially-imposed price difference between markets can lead to flow of goods from short-supplied areas to well-supplied areas to equalize their effective prices.

Keywords: arbitrage, China, diesel, gasoline, Hong Kong, material flow, one-price law, price control, red oil, smuggling, subsidy, tax, Vietnam