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Contents contributed and discussions participated by Michael M

Michael M

Oil Price Control - 1 views

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    This article discusses the risks and benefits of a price control set on oil prices in typhoon-hit areas. There is quite an extensive discussion on why it is a bad or good idea.
Michael M

Crop Prices - 3 views

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    This is about the odd crop prices as of late that have baffled economists because they go against what would be expected given the present economic conditions. It is interesting and pertinent because it has heavily to do with supply factors.
Michael M

The Political Rumble Over Public Pension Costs - 0 views

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    Pension costs and health-care costs are increasing with the increased demand for pensions and health care.
Michael M

Cost concerns weakened Forest Service's assault on Station fire - 1 views

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    A lack of critical resources proved disastrous as the U.S. Forest Service was unable to stop a fire before it destroyed hundreds of buildings near Los Angeles. The high prices of equipment and such caused the station to purchase less of it, resulting in a disaster.
Michael M

Scarcity - 1 views

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    This article narrates an example of how the scarcity in amount of resources, namely oil, affects the price of the resource.
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