Today’s Christian Science Monitor has an interesting article entitled As gasoline prices rise, businesses get creative. Hopefully we can see some private innovation flourish to ease this problem, but as long as there is a public outcry for ‘someone’ to do something who knows what will happen.
FEE’s web site also has an interesting article on Information and the Market and the implications of government involvement in the market.
After reading these, I couldn’t help but think of Hayek’s Use of Knowledge in Society.