Letter 1
Dear Walter:
I just heard of hand sanitizer that pre-Corona would have cost $3, now selling for $30. I assume the libertarians think it’s okay and not “price gouging.” Correct?
Marty
Letter 2
From: Michael Edelstein
Subject: Re: price gouging
Price gouging is good.
As an anti-price gouger, do you favor price controls on gasoline?
You’ve noticed when the supply is short, prices rise?
Warm regards, Michael
Michael R. Edelstein, Ph.D.
Clinical Psychologist
Co-author of Three Minute Therapy
with David Ramsay Steele, Ph.D.
Features help for anxiety, depression,
relationships, panic attacks, addiction
Letter 3
Dear Marty:
No, it IS price gouging. Price gouging is good. Thank God, so to speak, for price gouging.
Baecker, 2020; Boudreaux, 2019; Carden, 2019; Chernikov, 2017; Culpepper, and Block, 2008; de Molinari, 1871; Jacoby, 2019; Klein, 2020; Mankiw, 2006; Mitchell, 2007; Munger, 2007; Murphy, 2006, 2007; Perry, 2019; Vance, 2019; Wangsness, 2005; Westly, 2005; Western Standard, 2009; Williams, 2012; Woods, 2002; Zwolinski, 2008
Baecker, Christopher E. 2020. “The Noncrime Known as ‘Price Gouging.’” March 26; https://mises.org/wire/noncrime-known-price-gouging?utm_source=Mises+Institute+Subscriptions&utm_campaign=18b4dba97a-EMAIL_CAMPAIGN_9_21_2018_9_59_COPY_01&utm_medium=email&utm_term=0_8b52b2e1c0-18b4dba97a-227976965
Boudreaux, Don. 2019. “I Sat on My Couch and Didn’t Tote Food or Water to Bahamian Victims of Hurricane Dorian.”September 8;
Carden, Art. 2019. “Price Gouging Laws Are Knowledge Embargoes That Should Be Repealed.” August 31;
Chernikov, Dmitry A. 2017. “In Defense of ‘Price Gouging’.” September 8;
https://dmitrychernikov.com/blog/defense-price-gouging/
Culpepper, Dreda and Walter E. Block. 2008. “Price Gouging in the Katrina Aftermath.” International Journal of Social Economics; Vol. 35, No. 7, pp. 512-520; http://www.emeraldinsight.com/Insight/viewContentItem.do;jsessionid=D99C6D908AEA5910439BB07AF99D0F48?contentType=Article&contentId=1729159
De Molinari, Gustav. 1871. “The Feeding of Paris During the Siege.” Revue des deux mondes. Vol. 91. – 1 January, pp. 112-123; http://praxeology.net/GM-FPS.htm
Jacoby, Jeff. 2019. “‘Price gouging’ during natural disasters isn’t a problem — it’s a solution.” September 6; https://www.bostonglobe.com/opinion/2019/09/06/price-gouging-during-natural-disasters-isn-problem-solution/q53ZPGYhRhTkBwGs7WT1EK/story.html
Klein, Sandra. 2020. “Anti-Gouging Laws Are the Reason There Is a Toilet Paper Shortage.” March 17;
Mankiw, N. Gregory. 2006. “I Paid $2,500 for a ‘Hamilton’ Ticket. I’m Happy About It.” October 21; http://www.nytimes.com/2016/10/23/upshot/i-paid-2500-for-a-hamilton-ticket-im-happy-about-it.html?_r=0
Murphy, Robert. 2006. “The Gas-Line Quagmire in Iraq” February 6.
http://www.mises.org/story/2026
Mitchell, Andrew. 2007. “‘Price Gouging’ Is Essential and Humane.” January 30; https://mises.org/library/price-gouging-essential-and-humane
Munger, Michael. 2007. “They Clapped: Can Price-Gouging Laws Prohibit Scarcity?” July 8; http://www.econlib.org/library/Columns/y2007/Mungergouging.html
Murphy, Robert P. 2007. “The Giant Gas-Gouging Gaffe.” May 25
http://www.mises.org/story/2598
Perry, Mark J. 2019. September 4. “Inspired by Hurricane Dorian, I propose the Maximum Temperature Act to stop unconscionable temperature gouging.” http://www.aei.org/publication/inspired-by-hurricane-dorian-i-propose-the-maximum-temperature-act-to-stop-unconscionable-temperature-gouging/
Vance, Laurence. 2019. “In Defense of Price Gouging.” September 10;
https://www.lewrockwell.com/2019/09/laurence-m-vance/in-defense-of-price-gouging-2/
Wangsness, Lisa. 2005. “House bill targets Fenway parking fees;
Would hike fines for price-gouging.” Boston Globe, June 16
Westley, Christopher. 2005. “The Right to Set Your Own Price.” October 21;
https://mises.org/library/right-set-your-own-price
Western Standard. 2009. “Saskatchewan’s anti-scalping legislation an attack on free markets.” November 24;
Williams, Walter E. 2012. “Disaster Ignorance.” November 26;
http://archive.lewrockwell.com/williams-w/w-williams145.html
Woods, Thomas. 2002. “The Non-Crime of Price Gouging.” October 1;
https://mises.org/library/non-crime-price-gouging
Zwolinski, Matt. 2008. “The Ethics of Price Gouging.” Business Ethics Quarterly, Vol. 18, No. 3, pp. 347-378, July
For more on this topic: https://mises.org/search-mises?search=price%20gouging
Best regards,
Walter
3:03 am on June 26, 2020