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As Alex Pollock Alex Pollock of the American Enterprise Institute points out in a new study, "End the Government-Sponsored Cartel in Credit Ratings," the government "both mandates demand for rating agency services and severely restricts supply".
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Climate change and ecosystem deterioration then restrict supply still further.
One way to keep prices rising is to restrict supply.
Yet this is achieved in part by restricting supply.
They should restrict supply of those products at low prices to that level.
Farmers get quota allotments each year, in a program intended to increase prices by restricting supply.
The oil companies developed a complex system for restricting supply to maximise profits.
"When you restrict supply in the face of increased demand, what a surprise!
Now that house prices are falling, the incentives of owners to restrict supply are even stronger.
Instead, it guarantees growers like the Fanjuls an inflated price by restricting supply.
When faced with demands for lower prices its members often throttle back production to restrict supply.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com