Showing posts with label price inflation. Show all posts
Showing posts with label price inflation. Show all posts

Saturday, August 17, 2019

Government=Higher Prices

It always amazes me that people who desire lower prices on goods and services think the way to get there is more government involvement. Just the opposite is true.  The data is clear. The categories with the highest government involvement (and subsidies) are the ones which have prices increases in excess of the general rate of inflation. Want lower cost healthcare? Lower cost college? Get government OUT of the process and let the market work the same magic it does in other industries.


Monday, February 19, 2018

International Trade=Lower Prices

Questions for today.
1. Do you think it's a coincidence that the categories with the lowest price changes are the ones that are traded internationally?
2. Do you think it's a coincidence that the categories with the highest rate of price change are the ones with the most regulation and government subsidy?
3. What do you think will happen if we adopt more protectionist policies?

Thursday, February 1, 2018

Government Involvement=Higher Prices. Imports=Lower prices

Gee, it almost looks as if the more government involvement in an industry, the faster prices rise. Who would have predicted that?
And (dare I say it?), prices also seem inversely related to the level of imports in the industry.