Editor’s note: This story was updated Wednesday afternoon to reflect comments from the office of AG Josh Stein. N.C. Attorney General Josh Stein is getting a slew of complaints from consumers over ever-rising gas prices. Residents say owners of gas stations are unnecessarily inflating prices to take advantage of supply disruptions because of the war...
N.C. Attorney General Josh Stein is using Gov. Roy Cooper’s never-ending state of emergency in encouraging residents to report so-called price gouging related to the coronavirus pandemic. Stein, in a news release, says his office has heard, albeit anecdotally, that price gouging may be occurring when people look to buy at-home COVID tests. “Filing a...
Government planners at every level may have an abundance of good intentions. But they have an inevitable shortage of good information.
The forecast for Hurricane Florence looks bleak. It’s hard to imagine as of this writing, but if the storm proceeds the way it’s predicted to go, then by next week people’s lives and neighborhoods in many areas of the state, from the coastal towns to the central Piedmont, will be radically altered. In the next...
Markets may be messy, but they work. What doesn’t work is for politicians to blunder in with clubs and threaten to bludgeon people.
Wrong-headed fear-mongering and price hysteria are counterproductive and harmful, no matter what the price of gas. But markets consist of both supply and demand, and prices are the result of market forces.
Alumni of Elizabeth City State are upset about the prices local hotels are offering for Homecoming Weekend. Rather than complaining to the government, they're shopping for a better deal.
