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September 02, 2005
Price Gouging
Information asymmetries after Hurricane Katrina have changed the nature of "free" markets.It is as simple as that. If I am selling something then I should not be artificially limited by government to simply recouping my costs plus a non-market determined profit. I should be able to sell anything I want for any amount I can get for it. If you don't want to buy it then don't. If you can find someone down the street sellling for less then take your business there.
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Posted on September 2, 2005 06:39 AM by hurric582.
Filed in Hurricane! under hurricane katrina.
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Comments
I can't believe the latest comments from Kanye West and others playing the race card on the hurricane relief efforts. You have got to be kidding me. This is not the OJ trial people, this is one of the nation's worst natural disasters. Let's pull together to help each other out rather than attributing poor disaster planning to racial discrimination. Kanye West is an idiot.
Posted by: concerned at September 2, 2005 10:53 PM
