Learning From Gas Prices

It’s not always the economics teachers who do the best job of teaching economics. This blog entry about the abrupt change in gas prices in East Tennessee does a great job.

Shot Across the Bow is a pretty interesting Web site. How could you not like a Web site that prominently displays this thought: “It is the job of government to protect its members from the actions of others. It is not the job of the government to protect its members from their own actions. That’s the difference between being a citizen and a subject.”

UPDATE: More on price gouging.

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