Wednesday, September 28, 2005

Rita: Price Gouging and Market Lessons

People were stranded two miles from me on I-45. Many strategies to avoid this nonsense could have been employed--better travel management, for one. My husband said that exits should have been open in Galveston moving up I-45 at intervals and then you wouldn't be allowed on the freeway until another interval. So you would get on the exit in Galveston and the rest of the exits until north of Conroe would be sealed by police, blockades, etc. Then systematically opened as you moved north. Makes sense to me.

Here's another idea: Walter Williams says "let the market work". Indeed.
More blogs about the woodlands rita.