Steve Lafleur

Featured News

Coase, Pigou, and Sriracha Sauce

Huy Fong has been ordered to cease any odor emitting production by a California judge. This could lead to a shortage of their wildly popular Sriracha hot sauce. While foodies are upset, residents who sought the injunction against Huy Fong appear to have a legitimate...

Isaac Asimov on Price Gouging

Every time a natural disaster strikes in North America, reports emerge of retailers increasing prices in some locations. This, of course, is generally prohibited, and leads to public shaming. There are, however, good reasons why price gouging needs to happen. The most...