I can remember learning in college that prices of things were largely due to supply and demand, and competition. In this crazy economy, prices just are not making a lot of sense. For example, when there are a lot of people flying places the prices go up because the demand is high. So the airlines, for example, raise their prices during holiday travel time because the demand is high.

And yet, I heard on the news this week that the airlines are struggling because demand is lower because fewer people are flying. And because of that they are raising their prices again. That just does not make a whole lot of sense to me. If people are not flying because it is too expensive, then raising the prices is not going to fix that problem, is it?