Economics: The Value of "Price Gouging"

[Martin Hash]

"Everybody has a plan 'til they get punched in the mouth." - Mike Tyson to Libertarians

I thought the quote was "punched in the face."

You should Google more.

[Haumana]

"Everybody has a plan 'til they get punched in the mouth." - Mike Tyson to Libertarians

I thought the quote was "punched in the face."

You should Google more.

I guess I should.

[nmoore63]

"Everybody has a plan 'til they get punched in the mouth." - Mike Tyson to Libertarians

This can’t possibly be directed at me, with respect to buying and selling goods in the marketplace, can it?

[Speaker to Animals]

Suppose MH and StA pass laws in advance of the hurricane regarding water and/or insulin.

No need to suppose. Those laws are in place right now.

States like Florida have laws against price gouging during a state of emergency.

[DBTrek]

Suppose MH and StA pass laws in advance of the hurricane regarding water and/or insulin.

No need to suppose. Those laws are in place right now.

The victims of Katrina are well aware.
I’m simply pointing out that there’s a more efficient, humane, and mutually beneficial alternative.

[Speaker to Animals]

I mean.. shit.. do you not remember what happened in Homestead in the aftermath of Andrew??

We have these laws for good reason.

[Martin Hash]

"Everybody has a plan 'til they get punched in the mouth." - Mike Tyson to Libertarians

This can’t possibly be directed at me, with respect to buying and selling goods in the marketplace, can it?

No, your statement was innocuous and correct. I'm pretty sure your argument wasn't, "I'll save your life but you have to let me fuck your underage daughter first."

[nmoore63]

"Everybody has a plan 'til they get punched in the mouth." - Mike Tyson to Libertarians

This can’t possibly be directed at me, with respect to buying and selling goods in the marketplace, can it?

No, your statement was innocuous and correct. I'm pretty sure your argument wasn't, "I'll save your life but you have to let me fuck your underage daughter first."

That’s a question better put to Venezuelans.

[clubgop]

"Everybody has a plan 'til they get punched in the mouth." - Mike Tyson to Libertarians

This can’t possibly be directed at me, with respect to buying and selling goods in the marketplace, can it?

No, your statement was innocuous and correct. I'm pretty sure your argument wasn't, "I'll save your life but you have to let me fuck your underage daughter first."

You travel all over the world and this is the wisdom you bring back? And what does this have to do with price gouging? In some parts that exchange is just fair market rate.

[Martin Hash]

If the rice farmer prostituting his daughter had a gun, he’d get his water, just like any of us would. Market Pressure vs. Trigger Pressure