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Tag Archives: price controls

Kamala HarrisKamala Never Took an Economics Course

Kamala Never Took an Economics Course

Posted on September 28, 2024 by Tony Lima

Kamala never took an economics course. She promises to reign in inflation by imposing price ceilings, ignorant of supply and demand. Continue Reading →

Posted in Current issues, Economic basics | Tagged excess demand, featured, inflation, Kamala, kamala harris, price ceiling, price controls
Kamala Harris and Doug Emhoff Kamalanomics II

Kamlanomics II (and Counting)

Posted on August 18, 2024 by Tony Lima

Kamalanomics II. Kamala wants to fight inflation.  Slow money supply growth and cut government spending, right? You must be kidding. Continue Reading →

Posted in Current issues, Economist "humor" | Tagged featured, kamala harris, price controls, price-gouging
CFPB header and logo Consumer Financial Protection Board

The “Consumer” Financial “Protection” Bureau

Posted on May 17, 2024 by Tony Lima

The Supreme Court, in an absurd 7-2 decision, upheld the funding mechanism for the Consumer Financial Protection Bureau (CFPB). Continue Reading →

Posted in Banking, Economic policy | Tagged CFPB, featured, price controls, unconstitutional
Venezuela Supermarket

Venezuela Update

Posted on August 13, 2016 by Tony Lima

The situation in Venezuela just keeps getting worse. But at least one media outlet finally has the correct analysis of the problem. It’s not low oil prices. It’s socialism. Period. Continue Reading →

Posted in Current issues, Economic policy | Tagged featured, price controls, shortage, socialism, Venezuela

Venezuela News

Posted on June 30, 2016 by Tony Lima

Apparently many trucks in Venezuela are now sporting signs like this one. Rough translation: no food on board. The reason, of course, is massive food shortages caused by the government’s equally massive price controls. Food truck hijackings have become common. Ain’t socialism great? Continue Reading →

Posted in Current issues, Economic basics | Tagged featured, no food on board, price controls, shortage, Venezuela

Economist Thoughts

TARIFF, n. A scale of taxes on imports, designed to protect the domestic producer against the greed of his customers. — Ambrose Bierce

“Everybody knows that once something is declared a right, the laws of supply and demand are automatically repealed.” – Ben Shapiro, podcast, September 4, 2018

Websites I Like and Use

  • Political Calculations
  • Dan Mitchell's Analysis of Tax Issues
  • Federal Reserve Bank of St. Louis
  • Federal Reserve Bank of Boston
  • Federal Deposit Insurance Corporation
  • Board of Governors of the Federal Reserve System
  • Federal Reserve Bank of Minneapolis
  • California Pension Tracker

My Other Blogs

  • California Wine Fan
  • Virginia Wine Fan
  • Oregon Wine Fan
  • My musings about technology and strategy

GonzoEcon History

Recent Posts

  • Berkley’s Natural Gas Ban Will Cost Consumers
  • Berkeley Bans Natural Gas
  • Ryan Bourne on the Minimum Wage
  • Treasury Markets Roiled by Inflation Fears
  • Something Fun From Google

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  • Berkley’s Natural Gas Ban Will Cost Consumers August 4, 2026
    Congratulations, Berkeley residents. Not only do you get to pay more for your electric stove, you also contribute to greater greenhouse gas emissions. Continue Reading →
    Tony Lima
  • Berkeley Bans Natural Gas August 4, 2026
    It’s the ultimate NIMBYism to adopt a plan that will increase overall statewide emissions, continue to outsource a major part of greenhouse gas emissions to another city, and reduce your city’s GHG emissions by a trivial amount. Continue Reading →
    Tony Lima
  • Ryan Bourne on the Minimum Wage July 15, 2026
    Periodically, some politician decides that we need a shiny new minimum wage. Yes, their proposals always move in the same direction: higher. Continue Reading →
    Tony Lima
  • Treasury Markets Roiled by Inflation Fears June 13, 2026
    Zerohedge was the first report of this I saw. The 30 year Treasury bond auction June 10 was as close as we’ve come to a failed auction. Continue Reading →
    Tony Lima
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