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Forum Post: Price Gouging is good

Posted 2 years ago on Dec. 6, 2011, 5:06 p.m. EST by ProAntiState (43)
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2 Comments

2 Comments


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[-] 1 points by tr289 (916) from Chicago, IL 2 years ago

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

[-] 1 points by fuzzyp (302) 2 years ago

This is an Econ 101 example of why price controls like ceilings and floors don't work.