Daily Archives: April 20, 2006

In the link of my previous post, Stephen W. Carson references an article in USA Today. There are people I knew who don’t comprehend the concept that if people consume less of a product, the price of that product tends … Continue reading →

Mises Economics Blog: Newsflash! Demand Curve Slopes Down!! Imagine that. Gas prices go up, and people cut back on driving. Some of my more clueless friends think that the only solution to high gas prices is price control and windfall … Continue reading →