Thomas Sowell Economist Quotations

With various people complaining about "price gouging... economist Walter Williams has coined a new term: "Tax gouging." But government is never accused of either "greed" or "gouging" not even when they bulldoze people's homes in order to turn the land over to businesses that will pay more taxes.

As an economist, whenever I hear the word shortage I wait for the other shoe to drop. That other shoe is usually price control.