Is It Fair to Charge Higher Prices to the Poor?

On the face of it, it seems very unfair: prices in the inner-city, where people have the least money to spend, are typically higher than in middle-class suburban areas in the same state. Is this an example of corporate exploitation of the poor, or is there another explanation?

<p>Dr. Walter Block, an Austrian economist, . . . → Read More: Is It Fair to Charge Higher Prices to the Poor?

Is It Time to Repeal the Community Reinvestment Act?

Financial institutions have a continuing and affirmative obligation to help local communities meet their credit needs. The Community Reinvestment Act (CRA) passed in 1977 requires financial institutions to reinvest deposit funds back into the communities in which they are located and encourages institutions to meet the credit needs of the local communities consistent with . . . → Read More: Is It Time to Repeal the Community Reinvestment Act?

Amateur Economists’ Maiden Voyage into Blawg Review

The current issue of Blawg Review is up at the IP ADR Blog. Our articles on “Why We Are Too Rational to Stop Polluting, Part 2″ by Bhagwad Jal Park and “How Telemedicine Can Actually Work” by Dr. J.C. are included.

I actually submitted a different article to be reviewed, but it isn’t included. . . . → Read More: Amateur Economists’ Maiden Voyage into Blawg Review