Archive for October, 2005

Motor Fuel and Natural Disasters: Don’t Regulate

by Robert L. Bradley, Jr. and Thomas Tanton
Economics and history teach that free markets are the best means for allocating resources, in emergencies as well as in normal times. Unregulated prices ration supply to the most urgent demands, which is particularly important when supply is unusually scarce or demand unusually high. The situation in the [...]

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