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05.07.2008 11:49 am

Why popcorn costs $5 at the movies

St. Louis Post-Dispatch

 When angry consumers raise an outcry over price gouging, movie-theater popcorn is one of their favorite targets (along with beer at the ballpark and virtually any rise in the price of gasoline.) But two Stanford University professors say that the big…

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12.14.2007 5:43 pm

Price gouging: Beware of politicians peddling bad economics

St. Louis Post-Dispatch

Both Attorney General Jay Nixon  and Gov. Matt Blunt  are telling Missourians to watch out for price gouging in the wake of this week’s ice storms.

But Eric Dixon, an editor at the Show-Me Institute,  points out that the notion of price gouging  is…

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07.13.2007 11:59 am

A primer on gasoline pricing

St. Louis Post-Dispatch

When  I write about gasoline pricing, I inevitably hear from readers who think  prices shouldn’t rise until stations sell all the  ”cheaper” gasoline in their underground tanks.  St. Louis Federal Reserve Bank economists William Emmons and Christopher J. Neely have a response…

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06.21.2007 11:47 am

How a gouging law would hurt the economy

St. Louis Post-Dispatch

The President’s Council of Economic Advisers  says that proposed price-gouging legislation  would hurt both motorists and the economy. Here’s why:

“Price gouging” legislation that effectively places controls on prices exacerbates shortages and potentially increases lines at gasoline stations.

The difficulty in defining “price gouging”…

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