PolicyGuy

Tuesday, August 30, 2005


Government Helps Consumers By ... Requiring Price Increases.
Minnesota, like many states, requires a minimum markup on gasoline. A chain of stations is challenging the state law in court.

While one path to success in retail is to buy at wholesale and sell for ever-thinner margins over wholesale, the state law stands in the way.

"Justice Louis D. Brandeis'?s metaphor of the states as "laboratories" for policy experiments ... had almost nothing to do with federalism and everything to do with his commitment to scientific socialism. .... To this day, it continues to inhibit a truly experimental, federalist politics." -- Michael S. Greve

Home
BlogMatrix