The New War Between the States (The Freeman)
Monday July 15th, 2013
Prices in a capitalist system provide signals to the marketplace. For instance, the price to rent a UHaul truck in Los Angeles to drop off in Dallas is double the price of renting in Dallas and dropping off in L.A. The signal here is pretty clear: People are lining up to get out of California and Texans are happy right where they are.