by John H. Cochrane via Grumpy Economist
The fundamental reason so many markets are not free, and so dysfunctional, is that the voters of our democracy don't really want freedom. Freedom will come when we want it, when we insist on it, when the average voter sees a free market solution rather than endless controls as the answer to real world problems.
featuring John H. Cochrane via American Enterprise Institute
John Cochrane on The Grumpy Economist blog offers some insightful comments about the economics of surge pricing and free market solutions and economic freedom in general in a post titled "The hard road of free markets."