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Articles posted on Friday, November 2, 2012

Sandy price gouging: Anti-gouging laws make natural disasters worse. - Slate Magazine

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Friday, November 2, 2012
Category: Economics

From www.slate.com

The basic imperative to allocate goods efficiently doesn’t vanish in a storm or other crisis. If anything, it becomes more important. And price controls in an emergency have the same results as they do any other time: They lead to shortages and overconsumption.

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Still Waiting for the Narrator in Chief - NYTimes.com

Friday, November 2, 2012
Category: Politics

From www.nytimes.com

Presidents generally don’t like to admit mistakes, so it was interesting when Barack Obama owned up to one during an interview with Charlie Rose on CBS last summer. It was the job of the president, Obama said, to “tell a story to the American people that gives them a sense of unity and purpose and optimism,” and it was on this score that he had fallen short.

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