Economic Lessons From Everest by Jim O'Neill - Project Syndicate

Economic Lessons From Everest by Jim O'Neill - Project Syndicate: Recent images of long lines at the Mount Everest base camp, and at choke points on the way to the summit, offer a perfect real-world example of mismanaged supply and demand. As in a number of other economic-policy areas, a combination of price adjustments and regulation offers the only way off the mountain.