|
In response to
"Stemming from Calgary two weeks ago, there's a lot of chatter about requiring "Price Gouging" legislation. People got choked at $20 bags of ice."
by
Name Withheld By Request
|
I'll bet there's already price gouging legislation. Shortages are obviously bad, because they mean that there's less than demand
Posted by
Roger More (aka rogermore)
Jul 3 '13, 07:57
|
But gouging is probably the worse social outcome - taking advantage during a disaster breaks the social partnership between producers/sellers and consumers
|