Article 51NVC When Kids Ask: Why Is there No Toilet Paper?

When Kids Ask: Why Is there No Toilet Paper?

by
from from FEE on (#51NVC)

"In economic terms, shortages in the wake of the coronavirus, or a hurricane, or even seats at a Led Zeppelin reunion, are similar things. In each case, rising prices aren't the problem. The problem is that people want more of something than what exists. Rising prices are a response to this reality-a response that incents buyers to buy judiciously, and sellers to rush more product to market."

External Content
Source RSS or Atom Feed
Feed Location http://feeds.fee.org/FEE-Freeman
Feed Title from FEE
Feed Link https://fee.org/articles/
Reply 0 comments