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Unformatted text preview: The main reason a crisis like this would occur is due to the “lack of long-term, price established contracts between producers Yacoub 2 and distributors” (Cato par. 4). Cato Institute also states that a policy change that could prevent another crisis would be to put temporary price caps and that markets must be regulated. This article is very well written including many facts. This article is good because it does not take a side and it talks mainly about how the crisis occurred. It gave many different opinions from different articles and had support for all of its evidence. Its in-depth research would make this a credible article. Yacoub 3 Works Cited Cato Institute. “The California Crisis.” Regulation Fall 2001. Expanded Academic ASAP . Infotrac. Saddleback College Library. Mission Viejo, CA. 3 October 2005 < http://infotrac.galegroup.com >....
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This note was uploaded on 05/03/2008 for the course ENG 1B taught by Professor Stevenson during the Spring '08 term at Saddleback.
- Spring '08