Wednesday, March 18, 2020
Stop shortages with Free Market prices!
How to get the current wave of panic buying under control? Well, a great start would be to let prices respond freely to the increase in demand. Higher prices will encourage conservation and more careful use, and even better, they'll stimulate increased production. One of my colleagues, Dr. Chris Martin, drafted an excellent letter that I and several other colleagues signed. It's now in the Detroit News! Read and enjoy!
Note: in keeping with our DiLorenzo redaction rule, please close your eyes when you get to the parts identifying my affiliation.
Note: in keeping with our DiLorenzo redaction rule, please close your eyes when you get to the parts identifying my affiliation.
