[2110] in North American Network Operators' Group
Re: Allocation of IP Addresses
daemon@ATHENA.MIT.EDU (Perry E. Metzger)
Fri Mar 15 02:42:58 1996
To: curtis@ans.net
cc: Paul Ferguson <pferguso@cisco.com>, "'NANOG List'" <nanog@merit.edu>
In-reply-to: Your message of "Thu, 14 Mar 1996 23:14:10 EST."
<199603150414.XAA19630@brookfield.ans.net>
Reply-To: perry@piermont.com
Date: Fri, 15 Mar 1996 02:38:01 -0500
From: "Perry E. Metzger" <perry@piermont.com>
Curtis Villamizar writes:
> Hoarding is only effective if there is a scarce resource, even if it
> is artificially scarce, as in the two "gas shortages" of the 1970s
> (when there were huge gas company stockpiles and enormous gas company
> profits).
The gas shortages of the 1970s were caused by the fact that the
U.S. government regulated oil prices. Whenever you artificially lower
the price of anything, you create shortages. When decontrol occurred,
shortages mysteriously and totally stopped. Amazing, ain't it.
> Hoarding water wouldn't work as well since its hard to make it a
> scarce resource.
Its easy to make anything hard to come by if you regulate it too much.
Perry
