When firms raise prices, “gouging” their customers, many governments complain. Some cannot resist intervening. But in today’s China, the opposite is happening. In May the state reprimanded carmakers not for raising prices, but for cutting them. “There are no winners in this price war,” it said, blithely ignoring the happy customers who can now buy a zippy electric car for less than $8,000.
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As the Left and the neocons advance against us to take away our liberties, many people appeal to the Constitution....
Average home prices remain very close to the all-time highs reached at the beginning of the year. Accordingly, public opinion...
This is Naked Capitalism fundraising week. 1321 donors have already invested in our efforts to combat corruption and predatory conduct,...
People who can recall or who are aware of President Dwight D. Eisenhower’s farewell speech to the nation in January...
This is Naked Capitalism fundraising week. 1314 donors have already invested in our efforts to combat corruption and predatory conduct,...
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