re: Price gouging laws predictably lead to shortages

quote:

---

This makes no sense whatsoever. Price gouging interrupts the market distribution of goods. Having water sitting on the shelf, priced higher than liquid gold, prevents distribution. Price gouging destroys the natural market.

---

Gouging sucks but I definitely understand the arguments for not intervening too much. Because people will hoard rather than just taking what they can get by with.