Gary Wolfram is the William Simon Professor of Economics at Hillsdale College.
Gary Wolfram, Ph.D.
Professor
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September 14, 2005
As with nearly every other major natural disaster, Hurricane Katrina
resulted in short-term higher prices and cries of price-gouging by
politicians and those who are not familiar with how the market…
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August 24, 2005
Recent discussions about housing prices show confusion about what
makes for correct prices. The market sets prices that are correct
when the quantity that people demand of a good or service is equal…