In a nutshell, Kerr's experience shows up the fallacy of the laissez-faire notion that free-floating prices alone are a fair way to regulate consumption of a scarce commodity like gasoline. While higher prices might stop some tourists from driving up to Castle Crags and might curtail the discretionary gas use of the middle classes, as long as people live in regions like Siskiyou County and commute to far-away jobs in places that are hard, if not impossible, to reach by public transportation, these people are going to need gas.I don't really get Abramsky's point. Does (s)he think that it's "fair" for someone who lives so far from his workplace to use more gasoline than do others?

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Bill
posted by evilelvis at 4:40 AM on October 4, 2005