Higher gas prices have produced an unexpected benefit to the citizens of Maryland. As broadcast at the top of the front page of today’s Baltimore Sun: “Tax Income Falls as Gas Prices Rise.” Three cheers for the free market! “Maryland gets less road revenue than expected as drivers cut back,” the left-wing propaganda arm of the state Democratic Party proclaimed. “Sticker-shocked drivers skimping at the gas pump could be costing Maryland millions in unrealized vehicle taxes. . .” Hurrah!!! “Drivers are taking shorter trips ur using public transit. . .” “People are making logical judgments in their everyday lives,” said … Continue reading One Virtue of Higher Gas Prices