It’s that time of year. I’ve been observing and buying heirloom tomatoes at several Madison area Farmer’s Markets. Prices have ranged from $2.00 to $5.00 per pound.



Vice President Harris proposed banning ‘price gouging’ for food, groceries. Jeff Stein, writes in the Bezos’ Washington Post:

Harris’s plan will include “the first-ever federal ban on price gouging on food and groceries — setting clear rules of the road to make clear that big corporations can’t unfairly exploit consumers to run up excessive corporate profits on food and groceries,” the campaign said in a statement.



The exact details of the campaign’s plan were not immediately clear, but Harris said she would aim to enact the ban within her first 100 days, in part by directing the Federal Trade Commission to impose “harsh penalties” on firms that break new limits on price gouging. The statement did not define price gouging or “excessive” profits.



Republican and many Democratic economists see mandatory price controls as a counterproductive form of government intervention that discourages firms from producing enough supply to meet demand.

I am in favor of letting entrepreneurs grow their tomatoes, brand and market them and determine the best price to reward their work. No taxpayer funded brainboxing necessary.