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Topic: Price ceilings


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In the News (Thu 16 Feb 12)

  
  Classic Ceilings: Price List Of Authentic Tin Ceilings & Cornice In Custom & Antique Finishes
Price for all the designs is the same except for design #508
For special discounts on the price of ceiling panels for orders of more than 1600 square feet or on the price of cornices for more than 50 pieces, please contact us.
Prices and discounts are subject to change without notice.
www.classicceilings.com /price_list.php   (211 words)

  
  Price Ceilings no Longer Taboo   (Site not responding. Last check: 2007-10-24)
On the other hand, agreements that are a thinly-veiled attempt to set minimum resale prices, with no one charging less than the set price, are not likely to pass muster under a "rule of reason" analysis.
Price fixing between competitors who sell competing products directly to consumers (oftentimes referred to as a horizontal price fixing agreement) is one example of a per se antitrust violation.
Franchisers and manufacturers will be able to set the maximum resale price, without having to resort to other indirect means by which to prevent dealers from possibly overcharging consumers.
www.creditservices.org /articles/art019.shtml   (1130 words)

  
 Price Controls, by Hugh Rockoff: The Concise Encyclopedia of Economics: Library of Economics and Liberty
But despite the frequent use of price controls, and despite the superficial logic of their appeal, economists are generally opposed to them, except perhaps for very brief periods during emergencies.
Prices in fl markets may be above not only the official price, but even the price that would prevail in a free market, because the buyers are unusually desperate and because both buyers and sellers face penalties if their transactions are detected.
Price controls may limit these costs of disinflation by prohibiting wage increases that are out of line with the new trends in demand and prices.
www.econlib.org /library/Enc/PriceControls.html   (2419 words)

  
 Price ceiling - Wikipedia, the free encyclopedia
Pricing, quantity, and welfare effects of a binding price ceiling
For a price ceiling to be effective, it must differ from the free market price.
Price ceilings are often intended to protect consumers from certain conditions that could make necessities unattainable.
en.wikipedia.org /wiki/Price_ceiling   (455 words)

  
 excerpts from MAKING ECONOMIC SENSE   (Site not responding. Last check: 2007-10-24)
Price controls, that is, the fixing of prices below the market level, have been tried since ancient Rome; in the French Revolution, in its notorious "Law of the Maximum" that was responsible for most of the victims of the guillotine; in the Soviet Union, ruthlessly trying to suppress fl markets.
Price controls didn't work in World War I, when they began as "selective"; they didn't work in World War II, when they were comprehensive and the Office of Price Administration tried to enforce them with hundreds of thousands of enforcers.
In 1946, all federal price controls had been lifted except on meat, and as a result, meat was in increasingly short supply.
freedomkeys.com /pricecontrols5.htm   (1178 words)

  
 Center for Economic Education at the University of Missouri - Columbia
A market price is that price which is eventually arrived at, after trial and error, such that supply equals demand.
The $20 price would be a price floor if the government mandated that glow in the dark duct tape can not be sold for less than $20 per roll.
The $1 price would be a price ceiling if the government mandated that glow in the dark duct tape can not be sold for more than $1 per roll.
www.missouri.edu /~cee/Grades/ceehs6.html   (449 words)

  
 Inflation and Price Control - Mises Institute
If this unpleasant experience does not teach the authorities that price control is futile and that the best policy would be to refrain from any endeavors to control prices, it becomes necessary to add to the first measure, restricting merely the price of one or of several consumers' goods, further measures.
Price control was only a device in the complex of innumerable decrees and orders regulating the minutest details of every business activity and precisely fixing every individual's tasks on the one hand and his income and standard of living on the other.
The second mischief is that those engaged in futile and hopeless attempts to fight the inevitable consequences of inflation — the rise in prices — are masquerading their endeavors as a fight against inflation.
www.mises.org /story/1823   (2915 words)

  
 Price Ceilings for CMHC Offices : Ontario Mortgage Info   (Site not responding. Last check: 2007-10-24)
Maximum Price Ceiling of 5% down for all properties in the Toronto Office territory is $175,000 with the exception of Barrie, Adjala-Tosorontio, Mono, Innisfil and Essa which are $250,000.
Maximum Price Ceiling of 5% down for all properties in the Hamilton Office territory is $175,000 with the exception of the following areas which are $250,000.
Maximum Price Ceiling of 5% down for all properties in the Ottawa Office territory is $175,000 with the exception of the following areas which are $250,000.
www.jemmortgage.com /priceceiling.htm   (185 words)

  
 Guest Comment on NRO
That's because when price ceilings are set to prevent a high market-clearing price, some arbitrary rules must be set to allocate scarce supplies among competing users.
For instance, it was the decision to place ceilings on gasoline prices and the arbitrary rules for allocating supplies that produced the much-bemoaned waiting lines at gasoline stations in the 1970s.
But, once installed, government price fixes become perpetual rights and permanent economic problems, not only for the economy as a whole, but also for the people — the poor and disadvantaged - for whom they are made to assist.
www.nationalreview.com /comment/comment-gordon061101.shtml   (775 words)

  
 Price Floors, Surpluses, and the Minimum Wage | The Foundation for Economic Education: The Freeman, Ideas on Liberty
Like price ceilings, price floors disrupt market cooperation and have consequences quite different from those advertised by their advocates.
Some suppliers can benefit from a price floor if they can sell all, or most, of the quantity they would like at that price, but then other suppliers will be even less able to sell as much as they desire.
That is, the price of land incorporated the benefits of the price supports.
www.fee.org /publications/the-freeman/article.asp?aid=3795   (1025 words)

  
 Price Ceilings
Instead, they have established either price ceilings, which are prices above which it is illegal to buy or sell, or price floors, which are prices below which it is illegal to buy or sell.
Price ceilings are not the only sort of price controls governments have imposed.
The function of price as a rationer is most clearly seen when price is prohibited from acting as a rationer, so that some other method of rationing (such as queuing or coupon rationing) must emerge or be developed.
www.ingrimayne.com /econ/AllocatingRationing/PriceAsRationer.html   (424 words)

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