We're flabbergasted that everyone doesn't understand that the pricing mechanism cannot be messed with. And that's not just a libertarian or laissez-faire position. One of the darlings of the "third way" and Distributists schools of economic thought, Wilhelm Roepke, repeatedly emphasized this. in this Hawaiian system, wholesalers will slash back production, shut down, or cheat. Bringing back Nixon? Heck, bring in the Black Hand to take advantage of the resulting botched up market:
With chronically high pump prices straining its laid-back ethos, Hawaii embarks this week on a radical experiment to cap gasoline prices, a move being keenly watched nationwide by legislators and consumer groups eager to rein in record fuel costs.
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