There is one overriding reason why there are long gas lines in New York and NJ

Posted on November 1, 2012 at 12:41 pm, by

Anti price gouging laws. If you want to learn why (and a little economics)  See page 22. If not I have a quote for you from the late Murray Rothbard, one that I have posted here several times in the past. But it never gets old.

It is no crime to be ignorant of economics, it is, after all, a specialized discipline and one that most people consider a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.”—Murray Rothbard

One comment

  1. Ouch.

    Give thanks to price gougers, I say: http://www.fff.org/comment/com1109g.asp.

    Comment by Fergus Hodgson on November 1, 2012 at 12:51 pm

    Fergus Hodgson

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