27 September 2022
Hurricane Ian is taking aim at Florida. That means there is already talk of “price gouging.” People have a visceral emotional reaction to people raising prices during a disaster. But it is nothing but feelz. In fact, “price gouging” serves an important economic function. Not allowing prices to rise actually causes more harm. But trying […]
The post Feelings Trump Economics: Price Gouging Edition first appeared on SchiffGold.