Forum Post: Price Gouging is good
Posted 12 years ago on Dec. 6, 2011, 5:06 p.m. EST by ProAntiState
(43)
This content is user submitted and not an official statement
Price Gouging http://www.youtube.com/watch?v=R6ojYtKazgQ
Price Gouging Saves Lives http://mises.org/daily/1593
Price Gouging: Economics and Ethics http://blog.mises.org/4540/price-gouging-economics-and-ethics/
In Defense of Price Gouging http://www.lewrockwell.com/lott/lott45.html
After watching the first link I remembered seeing this Video where John Stossel explain price gouging in a simple and easy to understand way.
http://www.youtube.com/watch?v=UsmL1mLQLfw&feature=related
This is an Econ 101 example of why price controls like ceilings and floors don't work.