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Gasoline in California

U.S. EconomyPolitical TheoryPrices


From Mike Davis:

With the rise of gas prices above the $3 a gallon psychological level, and the record quarterly profits of Exxon Mobil, accusations of price fixing, price gouging and profiteering abound. Big-oil CEO's have been called before a...

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Concise Guide to Price Gouging

Legal SystemCalculation and KnowledgePrices


6. Price Gouging

Price gouging -- charging higher prices under emergency conditions -- evokes strong emotional...

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How to know that the price is too low

Monopoly and CompetitionPrices


Thousands show up for computer sale: People trampled, beaten with a folding chair. A woman urinating on herself. The police called, then themselves calling for backup. All to get a bargain.


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Price Spreads and Brokers



On a recent visit to San Jose State University, I sat in on a Money & Banking lecture by Jeffrey Rogers Hummel. (I am assuming he doesn't mind me discussing this here...) He drew a supply-and-demand diagram for the housing market, and said that due to transactions costs, the number of...

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Long Lines and Cleared Markets



It is sometimes said that long lines at theaters, sports events, and amusement parks are signs of a market that is not clearing and that prices should be raised. In fact, people pay in a combination of money and time costs, that's all. With a moderate-income clientele it makes sense for some...

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The Non-Price Effects of Monetary Inflation

Monetary TheoryPricesProduction Theory

12/07/2017Quarterly Journal of Austrian Economics
The aim of this paper is to examine the non-price effects of monetary inflation.

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A Modern Concept of Asset Price Inflation in Boom and Depression

Financial MarketsBusiness CyclesPrices

07/11/2017Quarterly Journal of Austrian Economics
The aim of this article is to demonstrate how monetary disorder spawns asset price inflation.

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Frank A. Fetter, Chapter 20: Business Price Practices and Social Price Policies

PricesPrivate Property

03/31/2017Articles of Interest
Chapter 20: "Business Price Practices and Social Price Policies" from Frank A. Fetter's Economic Principles and Problems .

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