Tuesday, February 21, 2012

How high the cost of gas?

Richard Epstein, a law professor, historian, economist par excellence, weighs in here with a bit of Hayekian economics regarding the latest run up in gasoline prices.  His advice to politicians:  keep your solutions to yourselves and let the gasoline market take care of itself, i.e., laissez-faire economics.  No doubt the right idea!

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