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The fundamental issue is common to resurgent analog industries: vinyl records are subject to hard limits on supply.
A 2005 study by Mr Glaeser and Raven Saks, of America's Federal Reserve, and Joseph Gyourko, of the University of Pennsylvania, attempted to derive the share of property costs attributable to regulatory limits on supply.
Moreover, the way in which other countries save money is by cheating their patients of care: "International spending comparisons typically ignore costs generated by limits on supply".
Without adding legal penalties for drug possession or imposing new limits on supply, the use of opiate-containing medications eventually dropped by 24 to 50percentt.
These include higher house prices and, according to Chief financial writer of The Financial Times Martin Wolf, "...ultimately force people to live in more cramped conditions than would occur without limits on supply".
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This week, Israel announced it would ease limits on supplies of goods, including fuel, into Gaza following the closure by the Egyptian authorities of almost all smuggling tunnels which supply the population with much of its day-to-day needs.
Also, the current oil spike has been caused, for the most part, not by war or revolution but by a gradual increase in demand, primarily from China and the United States, whereas in the past every oil shock that accompanied a major slowdown was the product of political or military upheaval — a limit on supply.
Government limits on the supply of new homes have often been overlooked.
Concerns over future limits on water supplies might ultimately slow development here.
Living costs there are high in large part due to limits on housing-supply growth.
Government imposed limits on food supplies mean that supermarket shelves are often empty Food is transported by armed guard Formal rolling electricity blackouts are the norm Drought has hit the water supply, forcing some to steal it from local pools Inflation will hit close to 500 percent by the end of 2016 The country is lacking 80% of the most basic medical supplies.
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CEO of Professional Science Editing for Scientists @ prosciediting.com