by reader ilsm Whittle a Beak: Return to Reagan Era Warfare Waste A cronie still in the acquisition business related that the DoD has gone back to using fixed price…

…a simple example: demand vs price. The classic description is that as demand increases the price will rise which will cause a slackening in demand until a new equilibrium is…

…allies, who are expected to receive a windfall of $70 billion this year from the rising price of their oil exports, charge their citizens $1.36 per gallon for gasoline. When…

…and especially the 1970s oil price controls and windfall profit tax prevented private companies from investing. Such comments seem to start out with some sort of comment about how politicians…

…the chances that the US is now in a recession are very low. Of course a big share of this spread is due to higher oil and food prices that…

…not mean that Wal-Mart had to charge higher prices. http://cafehayek.typepad.com/hayek/ But he was still unwilling to concede that Wal-Mart did not have to raise prices, claiming that this is what…

…graph shows the retail price per gallon relative to the consumer price index (January 2006 = 1.00) from January 2000 – when the real gasoline prices were $1.51 per gallon…

…to increase rapidly, then why would anyone be surprised that the price to earnings ratio for an oil company stock would be lower than the overall price to earnings ratio?…

…leading real-world indicator … For years, conservative economists have argued for a well-defined price rule. These passages are from someone who has argued in the past for a commodity price-rule….

This morning’s BLS report on the Consumer Price Index in November reflects an extremely sharp fall in energy prices: On a seasonally adjusted basis, the CPI-U decreased 0.6 percent in…