Wasting Energy in New Mexico II
The Governor also wants to form a “task force” to investigate price “gouging.” No such task force that I know of has ever successfully found a problem. The reason that “gouging” cannot exist is that consumers have alternatives. But we don’t have alternatives to the coercive, idiotic, wasteful policy of our government. Isn’t it time for a task force on government gouging?
Winthrop Quigley had a good article recently on so-called price “gouging.”