What’s Wrong With Price Gouging? Nothing!
May 04, 2010 at 20:56 PM EDT
“It never fails. No sooner does some calamity trigger an urgent need for basic resources than self-righteous voices are raised to denounce the amazingly efficient system that stimulates suppliers to speed those resources to the people who need them. That system is the free market’s price mechanism — the fluctuation of prices because of changes [...]