As an economist, whenever I hear the word shortage I wait for the other shoe to drop. That other shoe is usually price control.
Thomas SowellA recent poll shows that a majority of blacks, whites, Asians and Hispanics do not think the Census should be classifying people as black, white, Asian and Hispanic.
Thomas SowellPrices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.
Thomas Sowell