'Economically ignorant headline': Vox dazzles with scorching hot take on energy supply and demand

What an amazing headline this morning over in Vox’s timeline:

https://twitter.com/voxdotcom/status/981852731274158085

And by amazing we mean “economically ignorant”:

What an economically ignorant headline. https://t.co/LNsrHdiRGz

— Jonathan H. Adler (@jadler1969) April 5, 2018

As everyone knows:

Restricting supply…IS ALSO A COST TO CONSUMERS.

Someone didn't take economics in college, did they? https://t.co/oPVH5TcpgP

— Pradheep J. Shanker, M.D., M.S. (@Neoavatara) April 5, 2018

Restricting supply also means…costs to consumers.

Y’all need to take Economics 101. https://t.co/7TUmIYP9nf

— Amy Curtis (@RantyAmyCurtis) April 5, 2018

Maybe the headline writer missed the first day of Economics 101 when this was covered?

Here's today's installment of Economics vs Vox. https://t.co/d1zRTnUNXX

— meh-lancholy (@RightAllTheTime) April 5, 2018

Breaking: no one at Vox took an economics class https://t.co/Q1ZbjrSGoW

— Ryne (@R3aLMcCoY) April 5, 2018

Or maybe this is some new headline design to get click?

It's almost like "come see our economic illiteracy" is the clickbait angle. https://t.co/YNIJbTUNGK

— Holden (@Holden114) April 5, 2018

Anyway, the argument once you click past the headline — summed up in this tweet — doesn’t get much better: The consumer ALWAYS gets hit:

Recommended

Mouthful of Madness: Canadian Pol Rattles Off Uber-Inclusive String of Letters, Numbers, and Symbols

Warren Squire

Advertisement

https://twitter.com/kathoh/status/981871082885013505

This would eventually switch consumers to green energy:

Green energy is so popular, cost efficient, and moral! that we must cut off your access to fossil fuels to make you buy it. https://t.co/8fCD9bmOT4

— David Harsanyi (@davidharsanyi) April 5, 2018

Which costs more:

I feel like restricting supply is gonna increase costs *more* https://t.co/dMRi26ford

— Noah Smith (@Noahpinion) April 5, 2018

And we know how this all ends:

https://twitter.com/GlomarNeverDies/status/981864722197819392

Central planning always works well. https://t.co/29B344tFgg

— Andrew Stuttaford (@AStuttaford) April 5, 2018

Welcome to Voxlandia!

People like this should be given their own small country to run just because its rapid death spiral would be hilarious. https://t.co/rAtEo1So0Q

— Doug Powers (@ThePowersThatBe) April 5, 2018

***