Posts Tagged ‘US Supreme Court’

  • Mixed Economy: The Raisin Reserve

    Sep 3, 13 • 335 Views • Demand, Supply, and Markets, Economic History, RegulationNo Comments

    The supply of raisins is controlled in the United States. During World War II, the US government sent GIs raisins. When the war ended, the armed forces no longer needed all of those raisins. As a result there was a glut. Rather than let the market respond to