"A government big enough to give you everything you want is strong enough to take away everything you have."

Tuesday, October 30, 2012

"Price Gouging"

In the wake of Hurricane Sandy and at the risk of sounding insensitive, I want to link to this excellent piece the Mises Institute re-posted from 2004, called "Price Gouging Saves Lives in a Hurricane."  I almost shared it on Facebook, but feared the wrath of those who wouldn't take the time to read it.  Give it a chance, and you'll see it's not as ridiculous as you might think at first.  It's just sound economics.

2 comments:

Some Dude said...

To a liberal, "price-gouging" just means "charging a price higher than I would like."

A.K. said...

Exactly!