Who’s Really Doing the Gouging?
Posted in Economic Illiteracy, Price System on Jan 6th, 2008
I love the heading the Eagle editors gave to the following letter (“Price Hikes Not Always Gouging“) To the Editor The Berkshire Eagle 75 South Church Street Pittsfield, MA 01201 Dear Editor: Mayor Barrett correctly observes that soon after gasoline’s wholesale prices rise, retailers raise prices at the pump, even though all of the gasoline in […]
