Rap video on government distortions of supply and demand

Check out Supply & Demand: A Thug Story

Government interference with the pricing mechanism produces shortages which are resolved by non-price mechanisms: discrimination, waiting lines, rationing, black markets, or favoritism.  Markets messed up?  Look for government messing with price signals to find the cause.

That is one entry in a competition at Fayetteville State University. Winners will be announced February 1, 2012.  I look forward to seeing some astounding videos from the winners.  Good luck to all!

Hat tip: Cafe Hayek

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