Thursday, June 4, 2009

North Carolina anti-price gouging laws: another masterpiece of government effectiveness

Michael Munger lays it all out today at Kids Prefer Cheese.

The North Carolina anti-gouging laws, in the wake of Hurricane Katrina, not only caused gasoline shortages, but spent nearly $200,000 of taxpayer money to collect $56,000 in fines.

This, of course, makes really good sense to somebody.

Just not to me.


Waldo said...

Here in South Calhoun (as in John C) the attorney general launched much-heralded gouging investigations back in the day. The Palmetto Scoop was his big cheerleader. Both subsequently changed the subject.

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