Edward Millner's blog. It contains links to articles for students taking Principles of Microeconomics and Managerial Economics. It also contains links to articles about politics. The opinions here are mine. No one at VCU reviews or approves what I post.
Monday, February 15, 2021
What happens with the government rations a good
People complete to obtain the good when government determines who receives it first.
They lobby to move up the priority list (WSJ, Feb. 2021).
They use influence and connections to "cut" in line (WSJ, Feb. 2021).
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