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Message
re: Price gouging laws predictably lead to shortages
Posted on 8/31/17 at 8:31 am to elposter
Posted on 8/31/17 at 8:31 am to elposter
quote:
The free market has a way of filling in the gaps nicely
quote:
As you can see the individual's mans compassion is on full display during times of crisis. The compassion of the volunteers in their boats, the churches, the shelters, etc takes care of this.
Does not compute. Are you giving credit to the free market for the compassion of the individual?
Sounds like a sociopathic business owners way of explaining why he didn't need to help
2
Posted on 8/31/17 at 8:34 am to Ebbandflow
quote:
Sounds like a sociopathic business owners way of explaining why he didn't need to help
What gives anyone a right to a business owner's wares at an artificially lowered price?
Posted on 8/31/17 at 8:42 am to Ebbandflow
quote:
Does not compute. Are you giving credit to the free market for the compassion of the individual?
Sounds like a sociopathic business owners way of explaining why he didn't need to help
It computes to normal people with even a modicum of understanding about economics and human behavior. I don't know if you realize this but "the individual" is essentially the entire make up of the free market so I don't know why you wouldn't "give credit to the free market for the compassion of the individual." That's exactly how it works. The "sociopathic business owners" (whoever they are) are effectively controlled by the individual and other business owners as you can see by what's going on in Texas and Louisiana right now.
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