Corporations were just as greedy when prices fell in 2019 and early 2020.
Supply and demand
Why do we have tariffs on imported formula in the middle of a shortage?
In criticizing the move, the New York Post got basic economics wrong.
Plus: China's unsustainable COVID lockdowns, Texas Gov. Greg Abbott's performative anti-immigration antics snarl supply chains, and more...
Higher egg prices are not a crisis in the middle of a pandemic full of supply problems.
Even supposedly well-designed rent control policies come at the expense of new supply while creating a class of renters opposed to necessary zoning reforms.
Perhaps Newsom doesn't want to do anything because the real solutions will anger his union and environmental allies.
"Even products as simple as a pencil have to use wood from Brazil and graphite from India before it comes together at a factory in the United States," Biden said.
The basics of supply and demand still applied.
The government tried to stabilize the nation's food supply 80 years ago. Its efforts backfired.
If it works at all (and it usually doesn't), a fiscal stimulus is meant to boost demand. The biggest potential economic problem from coronavirus has to do with supply.
Economists have long warned that rent control only limits housing supply and drives up prices in the long-run
High prices can bring much-needed supplies into a disaster zone.
It's by building lots more housing, obviously.
Price signals ultimately mean more supplies for disaster-struck areas.
Price gouging is not the evil many officials make it out to be.
Politicians condemn price gougers, but students explain why "gouging" is good.
The feds are bailing out dairy producers. Here's why that's a terrible and wasteful mistake.
Energy demand projected to increase by nearly 50 percent by 2040
Of soda taxes and minimum wages.
Progressive economist gets supply-and-demand, to a point.
Says the notion that expanding the housing market benefits both poor and rich sounds "counterintuitive"
Arro was designed to solve the problems of taxi drivers, not customers.
Magical thinking that hurts job seekers
Legal recreational sales begin in three weeks